johnboy1980

$USDJPY: buy or sell, that's the question

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
0
I think $USDJPY is going to become bearish in the weekly time-frame (you can see convergence of lower highs and higher lows in the weekly which means it could go long or short, but I think short due to the previously strong up-trend) . Moderate bullish response in the immediate daily time-frame. Currently, I think it might reach 99 then short for scalping.
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