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TraderNeoh

USDJPY Trade Idea

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
TraderNeoh  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns
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trendanalysis chartpattern
UJ has been in a long-term downtrend with lower highs sequence, and we could expect to see some further continuation due to the DXY weakness. Will be mainly looking for short opportunities if price rejects the 103.700 (recent support into resistance), with the recent low 103.000 and 101.570 as the further target.

Trade safe.
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