JoeChampion

USDJPY potential continuation to the downsides

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Hey Traders, in the coming week we are monitoring USDJPY for a selling opportunity around 133 zone, USDJPY was trading in an uptrend and successfully managed to breakout the trend and now seems to be in a retrace phase. i would set 131.7 as a target if bears are confirmed as it's considered the next major Support zone USDJPY will be facing.
Trade safe, Joe.

Join our telegram Channel for daily market updates t.me/JoeChampion
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.