FX:USDJPY   U.S. Dollar / Japanese Yen
Dear Traders,

My weekly outlook for USDJJPY is bearish. We have bounced back previous week from the parallel resistance level at +- 135.129. Prices attempted to get back, however became rejected by a long wick, which gives us a strong entry reason to short sell the USDJPY.

Before entering a buy position.

Let us know what you think, like, comment and subscribe for more.

Bridging Best

Kevin
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.