USD/JPY SHORT

The USD/JPY has been performing lower lows and lower highs, off this observation I know that this has gone into a bearish trend. Having broken a support at 111.607 this will act as the new resistance which would be a great time to enter the market. With 2 other fundamental news to be released USD fed chair Janet Yellen will speak on Tuesday which I believe will set the tone for the week.

Disclaimer