More drop ahead for USDJPY?
Monthly candle analysis suggests that USDJPY could stay below the 5 EMA.
Therefore, I'll be looking for bearish signals on the daily time frame for this pair.
If a signal is generated, then I'll look to make entry on the 15 minute chart during London.
I plan on booking profits at 50 pips and generating stops at 10 pips for every entry.
Therefore, I'll be looking for bearish signals on the daily time frame for this pair.
If a signal is generated, then I'll look to make entry on the 15 minute chart during London.
I plan on booking profits at 50 pips and generating stops at 10 pips for every entry.