SHORT USDJPY – Daily - Possible small SHORT

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Ok, so USDJPY -0.08% is having a good run. I believe, there still could be potential for the upside.

But there’s a big BUT. Because I am a Technical Analyst, I believe in re-testing key levels.

This one could be risky, but worth to look at. Also, this one is depending on how the day will close.

A potential SHORT on a Daily:

SELL – around 114-113.9

Take Profit – 113 or even 112.300, depending on the sentiment at that time.

Stop Loss – 114.200

As always, keep an eye on the price action!


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