Taking an extremely small short position here on USDJPY just to dip my toe in the water.
USDJPY is still a falling knife at this point and neither fundamentals nor technicals suggest an immediate reversal to the upside in my opinion.
USDJPY is still a falling knife at this point and neither fundamentals nor technicals suggest an immediate reversal to the upside in my opinion.
Trade active
Live trade since 111.056Note
Don't be shaken by a run of the highs...Note
Still holding this.Note
I will be closing this out if we see a slide into the 110.9 - 110.64 zone. Too much upside pressure on this pair.
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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.