USDJPY Could Be Poised For A Breakdown

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Dólar Americano/Iene Japonês (FX:USDJPY)

FX:USDJPY Dólar Americano/Iene Japonês

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USDJPY could be poised for a breakdown and resume it's longer-term trend. We will be waiting for a hourly close below the short-term trendline drawn on the chart as well as confirmation from our algorithm. If we take this trade we will be correlating it with CHFJPY, although proper money management must be put in place.

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