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fernandoc17

USDJPY Bull trap in Play

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
fernandoc17  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpyshort usdjpylong usdjpydaily usdjpysell usdjpyanalysis usdjpyidea usdjpyforecast
7
2
trendanalysis chartpattern indicator usdjpy usdjpyshort usdjpylong usdjpydaily usdjpysell usdjpyanalysis usdjpyidea usdjpyforecast
Hi there,

USDJPY has just retested the downtrend line and it has not broken the trendline which means this pair will resume the downtrend on Monthly timeframe again
We can easily go to 80 target again in couple of next months, or to new lows, DXY has peaked from the Monthly charts aswell + massive divergence in Play on USDJPY Monthly chart

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