Good evening everyone,
Coming to you from NY.
We can see that USD/JPY pair is declining. We are seeing that the USD is weakening and causing a strong USD/JPY movement. The USD fell hard against the yen on Monday as we got back from the weekend. We have hit a small support and might see a small pull back (potential for an entry). Keep your SL tight if you are long. That being said, I see the pair breaking down bit further but right now the biggest issue is going to be the 106 level.
Thanks!
Please leave a comment, criticism or some feed back!
Coming to you from NY.
We can see that USD/JPY pair is declining. We are seeing that the USD is weakening and causing a strong USD/JPY movement. The USD fell hard against the yen on Monday as we got back from the weekend. We have hit a small support and might see a small pull back (potential for an entry). Keep your SL tight if you are long. That being said, I see the pair breaking down bit further but right now the biggest issue is going to be the 106 level.
Thanks!
Please leave a comment, criticism or some feed back!