The dollar yen has confirmed the down move giving a us a bearish candle on the weekly chart. We think this week should end up red too before we enter a consolidation in November as the market awaits the next news trigger to form a direction.
BEAR CASE
We wait for a correction and enter a short. Our exit is near the top of the channel at 112.5
BEAR CASE
We wait for a correction and enter a short. Our exit is near the top of the channel at 112.5
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.