AlkalineFX

USDJPY - Crucial Level

FX:USDJPY   U.S. Dollar / Japanese Yen
I have marked out a crucial level for USDJPY, we are either going to see a pullback into this level followed by a re-test and further downside continuation or we are going to see a today a total disregard for it and a push through to the upside suggesting the break below was a fake-breakout to trap even more sellers.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.