USDJPY - Expect bearish price action !!
Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look only for short position. I expect bearish price action as price filled that huge imbalance and now could reject from bearish order block.
Fundamental news: On Friday (GMT+3) we have NFP day. News with high impact USD, so pay attention to the results in order to validate the analysis.
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‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look only for short position. I expect bearish price action as price filled that huge imbalance and now could reject from bearish order block.
Fundamental news: On Friday (GMT+3) we have NFP day. News with high impact USD, so pay attention to the results in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
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