Preferred direction: SELL Comment: The previous ideas for the yen worked out well, the currency pair went into the range of 141.327 - 142.204, as we expected. At the same time, we noted that just in this range, there will be a stop for sellers. In the near future, we should most likely expect an approach to the level of 142.204, where the area for considering short deals is located. The bearish potential remains.
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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.