USDJPY - Another All-Time-High! What's Next?

Hi Traders. USDJPY again surprised me, broke through all-time-high, was expecting some of the previous daily resistance structure to hold, but price decided to again just run through.

Because of this, I really wouldn't really to bet on aggressive shorts, and I will be playing rather conservatively.

If you're looking for some short-term selling opportunities, probably a failure re-test at 137.30?

But if you notice that the momentum just never fade, then its probably a good choice to not go short but follow the trend instead.


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Take care and trade safe.

All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.