USDJPY MOMENTUM slowed and a retest not broken 111.80. Retrace
Already had a retest at 111.80.
Potential retrace to 111.40 to pick up more bull momentum.
That being said DXY is in a key sell off zone.
Look out for> a positive outcome expected on the Japan current account which could see a break through on the 111.40. Set a second take TP
Potential retrace to 111.40 to pick up more bull momentum.
That being said DXY is in a key sell off zone.
Look out for> a positive outcome expected on the Japan current account which could see a break through on the 111.40. Set a second take TP
Trade closed: target reached
Beautifully initiated
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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.