Strifor || USDJPY-02/05/2024
Preferred direction: SELL
Comment: The dollar is expected to fall even when paired with the Japanese yen. By the way, our previous trading idea worked out perfectly, and the target was fixed at the level of 153.222. At the moment, another approach to this level is expected, with a high probability of its breakdown downward. The trade is short-term, and one can count on such a movement within 1-2 days. The two most likely scenarios for this trading idea are depicted in the chart.
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Comment: The dollar is expected to fall even when paired with the Japanese yen. By the way, our previous trading idea worked out perfectly, and the target was fixed at the level of 153.222. At the moment, another approach to this level is expected, with a high probability of its breakdown downward. The trade is short-term, and one can count on such a movement within 1-2 days. The two most likely scenarios for this trading idea are depicted in the chart.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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