We have now 3 yearly pivots that may be targeting price for the USDJPY. This trade will be best serviced with risk aversion and a sell off in stocks, but we don't have to guess when the USDJPY will stop going up. This is a sell below the low trade and get the party started to see if it can run and trend down to 114.20 area.
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.