Short on USDJPY H1 TF
Hi guys,
In my opinion, the trend is changing on the USDJPY. It has bounced off major resistance for a few days now at the 113.30 area. I expect a bearish move down to 112.65 where we will reassess what the market is telling us. However, due to the previous major bullish moves, I predict further downward pressure to the 111.84 area.
Also a nice double top formed on the H1 chart.
In my opinion, the trend is changing on the USDJPY. It has bounced off major resistance for a few days now at the 113.30 area. I expect a bearish move down to 112.65 where we will reassess what the market is telling us. However, due to the previous major bullish moves, I predict further downward pressure to the 111.84 area.
Also a nice double top formed on the H1 chart.
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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.