Kaetea_Ng
Short

USDJPY Daily Analysis 09.01.2019

FX:USDJPY   U.S. Dollar / Japanese Yen
Hello Traders,
Price finally broke down below our major support level at 108.5000.

As of now, we are testing another support level at 108.00000. Our sentiment to go short. We could set a sell stop order below our 108.00000 level and then go for a test of support at 107.80000.

However, price is still consolidating in our range, therefore we'd have to be patient before entering short.

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