U.S. Dollar / Japanese Yen
Updated

USDJPY Outlook 4/2

91
Bearish on UJ, but this one is tricky as there are mitigations to occur both on the long and short side and structure is not clear.
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Trade Idea
Trade closed: stop reached
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Took some L's today but that's okay.

This is the only point i would consider a risk entry short position on UJ. Obviously this too can be invalidated, but that would then shift my sentiment to bullish. as that high ought to be protected if institutions wish to drive prices lower. snapshot
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