AlphaTrading-Group

USDJPY - Full Analysis Breakdown

FX:USDJPY   Dólar Americano/Iene Japonês
After applying more analysis over the chart we can begin to see what setups we can plan for.

I will be looking to short the pair from the 4hr resistance marked out in the chart.

The higher timeframes are suggesting more bearish movement, that along with a weak USD should drive the market to meet the low on our chart.

I will be looking to pull the trigger at the high and ride the trade to break August monthly low.

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