UJ Short (Tues-Fri) #HOKCapital
Atualizado
JPY: Japanese Yen weakened on the back of source reports that BoJ policymakers could be open to a debate on further monetary easing, which would entail cutting rates deeper into negative territory. Consequently, this pushed USD/JPY to session highs, before gains had been capped yet again at the 107.50 handle.
USDJPY has been in bounce mode the past couple of weeks, but strength could soon be tested as an upper parallel to a descending channel is very near. Given resistance and that the general trend is pointed lower, it sets USDJPY up for a potential drop soon. The 4-hr chart has a rising wedge in place that could help guide entries on shorts.
USDJPY has been in bounce mode the past couple of weeks, but strength could soon be tested as an upper parallel to a descending channel is very near. Given resistance and that the general trend is pointed lower, it sets USDJPY up for a potential drop soon. The 4-hr chart has a rising wedge in place that could help guide entries on shorts.
Trade ativo
107.472 entry TP1: 106.400
TP2:105.772
SL: 107.550
Trade fechado: stop atingido
shitted on
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