I'm going to be looking for a short on USDJPY on a close below the channel in which price is currently consolidating.
First target at 113.00, potential second target 25 pips lower at 112.75
Momentum is clearly with the sellers in in the short term following yesterday sell off and further weakness today.
First target at 113.00, potential second target 25 pips lower at 112.75
Momentum is clearly with the sellers in in the short term following yesterday sell off and further weakness today.
Order cancelled:
Price broke down, and is now retesting. Retest looks strong - no sell for me!