mngFX

Look for more downside to continue

Kort
OANDA:USDJPY   USA-dollar/Japansk yen
Hi Traders,

USDJPY is shaping up to continue its bearish momentum. As we can see the volatility on Friday made another swing low to further this correction development. We still have room to fall and with the Russia and Ukraine situation happening, I suspect safe-haven currencies like JPY will continue its strength.

Waiting for a strong Impulse breakout followed by a correction before I enter this sell.

Whats your view on this pair ? Comment below and share your analysis!

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Good luck!
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