BlueberryMarkets

VIDEO TRADE ANALYSIS: USDJPY TO 110.40

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
In this video update, we take a look at a potential short opportunity on USDJPY.
The weekly chart rejected the double top neckline with price looking likely to continue lower.
The 1hr chart is forming a bearish breakout pattern and with CPI data coming in weaker the Fed is
going to struggle to hike rates.
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