USD/JPY has reversed from the double top resistance and we can expect a deep pullback in the coming days. The downtrend will accelerate once the bears manage to take out the supporting TL.
I recommend selling the rallies between 110.60-111 with SL above 111.50 and TP at 108.65
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.
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.