ApexFX_

USDJPY - longer than this current lockdown?

FX:USDJPY   U.S. Dollar / Japanese Yen
Just like the current Lockdown in the UK we have no idea where price is going to take us.

UJ is at a current place where we can go one of two ways. We have broke the bullish trend line and now hitting a key support level . We can see this either reject and push price back up or it can push down passed this and retest this level. We could look to go long on the open depending on where price is. Alternatively if price opens below this level we can look for a short position.

Personally bias for a continuation down long term but we can see a push up here.

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