The usdjpy broke the low of around 111.476 to the downside. We still expect the USDJPY to fall to around 107.456.
From there we are expecting a new impulse to the upside. Please bare in mind that the market can still make a correction in lower timeframes before reaching the level of around 107.456. Anyhow, we are still short the USDJPY either way. Let's see!
We wish you a relaxed weekend.
cheers
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Here you cam see why structure trading works. We await USDJPY to fall to around 108.50
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What to say, our position is in huge profit. Move your stop to break even and let it run