Short USDJPY
Hi Everyone, USDJPY has been on a nice rally up, but it seems like it has lost a bit of power.
On top of technical analysis, the recent news released with some key economic indicators showing positive impact to control inflation, which leads to a lower probability of heavy hikes in interest rates.
I believe USDJPY is ready for a correction and 1:2.5 will be my risk to reward with the setup shown on this screenshot.
Thank you
On top of technical analysis, the recent news released with some key economic indicators showing positive impact to control inflation, which leads to a lower probability of heavy hikes in interest rates.
I believe USDJPY is ready for a correction and 1:2.5 will be my risk to reward with the setup shown on this screenshot.
Thank you
Transaction en cours
Very nice push to the down side. We are now very close to a first target where you could wish to take some partial profits.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.