As we can see the retracement for USDJPY a bit high. Now testing resistant, and possibly will break the resistance to test the higher key at 120.045+- before clearly make a free fall to first intraday TP at 119.345
After reaching 119.345 there will be 2 option. A bit of retracement or break and fall down to 118.750 to the lowest key support level.
At now, we need to determine clearly the level to sell to evade high negative float. Wait for candlestick and price action before proceeding to short.
My previous analysis for USDJPY is for the swing trader, they can swing more down there.. See you down there!
USDJPY, SHORT, CONFIRM!
After reaching 119.345 there will be 2 option. A bit of retracement or break and fall down to 118.750 to the lowest key support level.
At now, we need to determine clearly the level to sell to evade high negative float. Wait for candlestick and price action before proceeding to short.
My previous analysis for USDJPY is for the swing trader, they can swing more down there.. See you down there!
USDJPY, SHORT, CONFIRM!
