SELL USDJPY FOR A CORRECTIVE MOVE LOWER
Not selling until bears manage to make a good break of the bold red line.
Speculative traders can sell around 111.60 with a stop above the top, but note that this is a risky and very speculative setup. It would be better to break lower before entering.
Speculative traders can sell around 111.60 with a stop above the top, but note that this is a risky and very speculative setup. It would be better to break lower before entering.
Komen:
closed eurjpy 120.73
usdjpy is now active i will lookout for a possible sell setup.
usdjpy is now active i will lookout for a possible sell setup.
Seeing scope for a correction lower towrds 120.50/60 after a slightly dovish draghi pressconference.