justi-tech

USDJPY - Heading into trend channel support $usdjpy $spy

FX:USDJPY   U.S. Dollar / Japanese Yen
Resold the break of 109.65 Feb 18 lows after the end of day bounce I expected yesterday failed to materialise. Heading towards major trend channel support in the low 109's now. Given the extent of the move would expect some sort of a stall here, so reducing against this trend support is a valid stategy. But with equities stilll vulnerable, USDJPY and Jpy cross likely to remain a sell on any upticks.

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