Possible Short Overnight Trade on USDJPY
The Yen is strong based on the livecharts.co.uk currency strength meter and although the DXY is sideways, this should be a short trade. The DXY is stuck at a H4 DBD and barely made it past the 38.2 Fib level on the H4. It will probably eat up some of the big blue candle on the H4 coming down to my TPs...
Previous support on the USDJPY is below 105.3 Possible TP3 at 102.448
Previous support on the USDJPY is below 105.3 Possible TP3 at 102.448
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.