Yen downside

Good morning.

Previously we mentioned about the shorting possibility on the USDJPY. You can read the forex analysis here. If the pair continues it path down then we could see another 100-200 pip move down.

For those that are familiar with our trading methods then please apply the relevant templates to identify the opportunity. Note the chart formation.


Chart courtesy of Advanced GET. Data provided by eSignal.

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Good trading.

Forex Analysts
Javid Shaik & Anne Chapman