U.S. Dollar / Japanese Yen
Short
Updated

UsdJpy Trade Idea

133
UJ is overall bearish on all time frames. We do have price currently sitting below a major level with bearish structures still in play. I'll personally be shorting the pair if price can break down below the level of resistance and retest to confirm the bearish continuation. Well see what happens. Price may also flip the resistance level into support to continue ranging so patience is gonna pay here.
Trade active
Just went short for a 1:3rr.

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.