Wait for correction on lower time frame and sell. If you see a bullish impulse and correction buy USDJPY for long term.
What are your thoughts?
My overview on this chart for the coming weeks - I'm still neutral.
We are expecting a reversal to the downside but the up move is highly possible.
We.are looking at this formation on this pair for the coming weeks.
I'm anticipating the bearish move or consolidation to continue the bullish move.
We might see some bears coming knocking next week for the reversal on this pair.
The anticipated reversal on EURUSD is part taking this week so we are expecting strength on this pair and weakness ON DXY shortterm.