SHORT USDJPY – Daily - Possible small SHORT
Ok, so USDJPY -0.08% is having a good run. I believe, there still could be potential for the upside.
But there’s a big BUT. Because I am a Technical Analyst, I believe in re-testing key levels.
This one could be risky, but worth to look at. Also, this one is depending on how the day will close.
A potential SHORT on a Daily:
SELL – around 114-113.9
Take Profit – 113 or even 112.300, depending on the sentiment at that time.
Stop Loss – 114.200
As always, keep an eye on the price action!
But there’s a big BUT. Because I am a Technical Analyst, I believe in re-testing key levels.
This one could be risky, but worth to look at. Also, this one is depending on how the day will close.
A potential SHORT on a Daily:
SELL – around 114-113.9
Take Profit – 113 or even 112.300, depending on the sentiment at that time.
Stop Loss – 114.200
As always, keep an eye on the price action!