A New Year Trade For USDJPY!

A New Year Trade For USDJPY!


Thank you for reading! Happy New Year!

Greenfield



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Disclosure: Chart interpreted by Greenfield. Just a market opinion by Greenfield Analysis LLC for educational purposes only. This is not a recommendation. Greenfield Analysis LLC has no investment in any of the securities mentioned in the article, and no plan to initiate a trade in any of the securities mentioned. Greenfield does not receive any compensation for this writing. Investment involves substantial risk. You should consider carefully before making an investment. Investment at your own risk.

Comment:

Above are some possibilities of how the price may trade this week. I will write a follow-up on this article later. As I always say, one is a short-seller, a long trader, or a narrow range trader. When one trader cannot make a decision, that trader should stay on the sideline and watch the trade unfold. With a New Year, the trend may continue or the trend may be changing and no one can predict that; therefore, the best trade now is to wait.

Thank you for reading again!

Greenfield