#USDJPY has recently had a big rise as the DXY has shown major strength recently. I think this is a possible short area perhaps as the US FX majors are extremely overbought and the DXY is heavily overbought also. I have marked some supply and demand zones on the chart. Currently we are in a potential resistance demand zone . I have taken a short position recently and will be adding soon to a lot of pairs.
$USDJPY
$USDJPY
Trade closed: target reached