USD/JPY BEARISH TRADE SETUP. 116.00 DOWNSIDE TARGET LEVEL ONE
USD/JPY
HAVE BEEN MONITORING THIS PAIR FOR A NUMBER OF WEEKS NOW.
INDECISION AROUND THE 122.00 HANDLE AND A DAILY TRENDLINE BREAK WHICH WE CAN SEE CLEARLY ON THE ABOVE CHART...
M.A CROSSOVER SUPORTS BEARISH MOMENTUM.
NEARLY A 1:3 RISK REWARD....116.00 BREAKS THEN THERE IS CERTAINLY ROOM BELOW FOR 110.00
HAVE BEEN MONITORING THIS PAIR FOR A NUMBER OF WEEKS NOW.
INDECISION AROUND THE 122.00 HANDLE AND A DAILY TRENDLINE BREAK WHICH WE CAN SEE CLEARLY ON THE ABOVE CHART...
M.A CROSSOVER SUPORTS BEARISH MOMENTUM.
NEARLY A 1:3 RISK REWARD....116.00 BREAKS THEN THERE IS CERTAINLY ROOM BELOW FOR 110.00