USDJPY SHORTS: JAPANESE YEN STRENGTH IN THE MARKET?
We're looking for price to correct its bullish move from the weekly perspective to go and retest the previous resistance which is now support @ 130.50
We also see price decelerating on the daily chart while also forming a double top, indicating a potential reversal to the downside. We'll be finding our confirmation on the intraday timeframes.
First target is @ 133.000 (psychological round number level) 🎯
Stay strapped and control risk 🙏🏼📈
We also see price decelerating on the daily chart while also forming a double top, indicating a potential reversal to the downside. We'll be finding our confirmation on the intraday timeframes.
First target is @ 133.000 (psychological round number level) 🎯
Stay strapped and control risk 🙏🏼📈