Hi traders,
USDJPY has been on rocket upward moves which really giving me a lot of shorting opportunities.
To me, it is at a nice level to sell with 50-100pips stoploss and targeting 300-400pips down wards.
Plus it looks like it went up to give an opportunity to sellers to come back in and sell USDJPY back down to an even lower price.
Let's see how it goes this remaining couple of days.
USDJPY has been on rocket upward moves which really giving me a lot of shorting opportunities.
To me, it is at a nice level to sell with 50-100pips stoploss and targeting 300-400pips down wards.
Plus it looks like it went up to give an opportunity to sellers to come back in and sell USDJPY back down to an even lower price.
Let's see how it goes this remaining couple of days.