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Forextuitions

Short USDJPY

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Forextuitions  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns USDJPY usdjpyshort USD jpy lalitmatta forextuitions
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trendanalysis chartpattern usdjpy usdjpyshort usd jpy lalitmatta forextuitions
USDJPY the pair trading under pressure despite positive NFP, Overall we believe the pair has target 112.00/114.00 , but before reach this target we can see one more leg down towards 119.50/108.80. as technically Currently the pair stuck in triangle on 4hr time frame and the Pair is testing the trendline since 4.2017, but should fail and trade lower into 109-108.30 area. We don't like to buying here.

Sell USDJPY

@110.30/110.55

target: 109.55/109.00
Stop loss: 110.90

gud luck !

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