RaynLim

USDJPY-Weekly Market Analysis-Jul21,Wk5

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Based on the daily chart, a shorting opportunity is a counter-trend trade. However, based on the 4-hourly chart a shorting opportunity is a trend trading opportunity. If you are asking, how is that so?
Then it is important to get your fundamental(basic) right.

I'm looking for a trend trading shorting opportunity between 110.82-110.38, breaking and closing above the red box(110.82) will deem this trading idea invalid.

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