Technicals alone show us UJ is ready for a move to the downside.
Cross Checking the USDJPY chart with DXY & JXY charts continues to support our short position.
And when checking the COT data we see that the majority of the big money is going long on the Yen and long on the Dollar.
Cross Checking the USDJPY chart with DXY & JXY charts continues to support our short position.
And when checking the COT data we see that the majority of the big money is going long on the Yen and long on the Dollar.