The overall view is still a lower USDJPY in time. I suspect we may see a move towards 121.17-123.57 somewhere long-term basis. Medium-term for now I see 125.17 as a possibility.
the strategy is SELL @ 129.40 current and add 130.50-130.70 and 131.80-132.00 when seen. Of course small increments only until we are at the higher levels. For now small leverage to start the position.
the strategy is SELL @ 129.40 current and add 130.50-130.70 and 131.80-132.00 when seen. Of course small increments only until we are at the higher levels. For now small leverage to start the position.
Note
I only will add above 130.50 again. My current short is @ 129.40.
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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.