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USDJPY - HYBRID - SHORT OPPORTUNITY.
U.S. Dollar / Japanese Yen
Short
USDJPY - HYBRID - SHORT OPPORTUNITY.
By ECHOTRADINGGROUP
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Nov 21, 2022
6
Nov 21, 2022
Anticipating overextension on the dollar could imply a nice short for the following reasons:
Supply zone which is unmitigated.
If we reach the 61% significant fib it means that the 38 and emas are induced -> Trapped retailers
Nikkei correlation roughly the same distance away
Yours truly,
ECHO FX
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