capitalpropertiesfx

USDJPY - short term bearish scenario

FX:USDJPY   U.S. Dollar / Japanese Yen
3
Extremely risky going against the trend here but nevertheless we have a possible bearish setup. I'm closely watching the Area of interest to see if it acts as resistance. If I see clear rejection there then next week I might consider a short position.

But keep in mind that this is a counter trend setup, so it may fall apart very, very quickly.

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