FX_Professor

Off to 133 for a decisive Check of S/R

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY gave us a bit of trouble over 147 and then it became a beautiful trade/opportunity once below that level.

I have explained before how the US has become toxic for it's allies. You can read about it here:
As well as here:
and here:
Unlike non traditional assets, this kind of charts offer us amazing opportunity. Similar to going short on EURUSD right at the very top:
What happens at 133?
Price under that level ends up free falling to 107.7. Then again that same 133 could be a massive rebound...to be seen.

One Love,

The FXPROFESSOR

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