Bearish Bias Maintained as USD/JPY Prepares for Potential Drop
After successfully implementing yesterday's trading idea, the USD/JPY is currently profitable. However, a new bearish momentum may be on the horizon, and as a result, we have updated the Take Profit (TP) target to reflect a potential drop in price. Our trading bias remains bearish, given that the EUR/USD is currently showing growth.
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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.