Hi traders, im watching USDJPY for sell. Jpy index is on spot where i expect price to push higher, and dolar is showing bearish price action so i think this pair has nice potencial to fly down. Watch it closely, we are having high impact news today for dolar which can move this pair nicely. As you price price on USDJPY made breakout and its now correcting back, we are also having supply zone there which is rejecting price. Stay patient as always and watch what price will do in next hours!
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Yesterday price droped nicely during news, after breaking low price pullback and close my entry on be. But as you see price give us even better entry, it went up and retested our zone again and tapped trendline.
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Pushing lower
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Im still bearish on this pair, nothing changed.. Im watching for sells