USDJPY London open
USDJPY broke out of its trendline last week and started a downtrend
Most likely scenario: USDJPY will continue the downtrend and after small consolidation in the morning hours could test the 110.5 level
Alternative scenario: USDJPY will not continue the downtrend
Most likely scenario: USDJPY will continue the downtrend and after small consolidation in the morning hours could test the 110.5 level
Alternative scenario: USDJPY will not continue the downtrend
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.