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tradingalone

Short USD/JPY on a rebound to 115.96

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
tradingalone  
FX:USDJPY   U.S. Dollar / Japanese Yen
short USDJPY tier2
0
1
short usdjpy tier2
Monthly ranging and hit into strong support.

Weekly and daily are in downtrends.

The closest daily level is at 115.96 and the 4H 200EMA is not far behind.

Look to short at those regions. Tier 2 shorts because it coincides with a nice monthly level that's approximately top of range.
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