USD/JPY has perfectly tested my supply zone and shown a clear rejection. Based on this, we can consider opening a short position. Fundamentally, USD/JPY also appears weak, and the Japanese Yen is considered a safe haven. Given the current market conditions, this could be a good trade setup.
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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.