USDJPY Daily Outlook
Hey guys,
The usdjpy broke the low of around 111.476 to the downside. We still expect the USDJPY to fall to around 107.456.
From there we are expecting a new impulse to the upside. Please bare in mind that the market can still make a correction in lower timeframes before reaching the level of around 107.456. Anyhow, we are still short the USDJPY either way. Let's see!
We wish you a relaxed weekend.
cheers
The usdjpy broke the low of around 111.476 to the downside. We still expect the USDJPY to fall to around 107.456.
From there we are expecting a new impulse to the upside. Please bare in mind that the market can still make a correction in lower timeframes before reaching the level of around 107.456. Anyhow, we are still short the USDJPY either way. Let's see!
We wish you a relaxed weekend.
cheers
Note
Here you cam see why structure trading works. We await USDJPY to fall to around 108.50Note
What to say, our position is in huge profit. Move your stop to break even and let it run
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