Samo_Danilo

USD/JPY coming to the strong resistance

Short
Samo_Danilo Mis à jour   
FX:USDJPY   Dollar Américain / Yen japonais
USD/JPY has been consolidating in a narrow range of 145-147 for the past three weeks. The pair is demonstrating an accumulation and should breakout soon. The reversal zone is a big potential, at least for 100 pips.
The hurdle for raising rates this month is higher, implying the possibility for US Dollar falls.
Next stronger reversal zone possibility is at around 148.80, but light shorts right now can be placed.
Commentaire:
Targets achieved, exit for gains.
Clause de non-responsabilité

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