The dollar yen tagged the inner line at the top of channel and started its descend. We should see more downside coming this after a short relief rally in the start of the week.
BEAR CASE
We're targeting 110.5 after a consolidation at these levels.
BULL CASE
If price breaks through to the upside, we will look to short again at 112.3
BEAR CASE
We're targeting 110.5 after a consolidation at these levels.
BULL CASE
If price breaks through to the upside, we will look to short again at 112.3
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.