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UnknownUnicorn15400135

USDJPY Unfair Price

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
UnknownUnicorn15400135 Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Technical Indicators Fundamental Analysis Trend Analysis
3
0
indicator fundamental trendanalysis
Fundamentals: Japan Surging Inflation, Fed hikes already priced in to a maximum
Technicals: b-shaped volume profile, suggesting we are in unfair price territory and Longs are leaving the market
1st Target at POC, 2nd Target Lower Edge of fair value.
Comment:
Risk: Recent Resistance becomes support -> in that case buy stop hunts (liquidity below the resistance)
Comment:
Long Term Target could be 100, below the covid low
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