DVNNY

Shift In USDJPY Momentum

DVNNY Uppdaterad   
FX:USDJPY   USA-dollar/Japansk yen
Carefully on the lookout for short plays with the condition of 110.317 being broken and retested to serve as confirms for short positions. Preferable targets will be 109.719 and 108.681 in extension. Further updates will be made depending on how price moves. In addition, I will also be expecting institutions to make a liquidity grab at the beginning of the week if indeed there is an incoming shift in momentum. Therefore, the levels to watch are 110.317 and 110.715
Kommentera:
Eyes set at 110.747 for any signs of bearish movements
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Ascending trendline being respected. On the sidelines for this
Kommentera:
Not the best price action i was anticipating this past week. I will review this pair later at favorable conditions.
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