Any run up in USDJPY will be a SELL for me going forward. No target set at this time although I will be gunning for 110 even area. I will update over the weekend. It appears we have a triangle formation at play. All eyes on Trendline Resistance
Kommentera:
If we can close around here for the day, it will be a nice bearish candle (Shooting star) on the daily formed at the top of stochastic bearish cross.