U.S. Dollar / Japanese Yen
Short
Updated

USD/JPY Long term uptrend broken ?

349
A multi year USD trendline + supporting MA looks broken this could single a downtrend for the pair , a break of 116.00 levels would confirm this . The pair may also fall into a range between 116.00 & 119.00
Note
looks to be falling in range between 116 - 119 for now
Note
bearish engulfing rejection from trendline , bears are back
Note
Still a short while below 115.00 IMO a break of 115.20 and there willl be a further correction up
Note
105.5 Here we comeeee
Note
Nice bounce, shorts active again
Note
brief push under 99.000 on Brexit , expecting some sort of pull back

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.