StefHarb

USDJPY Analysis

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY
USD to JPY will continue to fall and follow it's downtrend. It has a support line at around 107.65 (the blue line), this line is also a resistance line. This will make the stock fall from the yellow area to the striped blue lines at 106.42.
Conclusion: Short from 107.65 to 106.42, with resistance at 107.65.
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