TradingView
capitalpropertiesfx
Nov 28, 2014 2:46 PM

USDJPY - short term bearish scenario 

U.S. Dollar/Japanese YenFXCM

Description

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.
More