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U.S. Dollar / Japanese Yen
Short
Updated

USDJPY: Weekly Resistance — Are We Going Down From Here?

79
USDJPY

We are still short on USDJPY. Price is currently sitting at a weekly resistance:

snapshot

Our current setup has a R:R of 4.6. We are waiting for price to develop further and take it down to the bottom support at the fib level 78.6%.
Trade active
USDJPY is still within our weekly resistance. Trade idea hasn't changed.
PlutusX
Also on:
Chart PatternsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTrend Analysis
PlutusX
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.