Expecting further downside on USDJPY - anticipating a reversal from the zone highlighted.
We may see a push up to meet the descending trendline/a rejection from the 200 EMA first - I will be monitoring this closely over the NY session.
A nice 200 pip drop to the July low could be achieved if this plays out to my expectations!
We may see a push up to meet the descending trendline/a rejection from the 200 EMA first - I will be monitoring this closely over the NY session.
A nice 200 pip drop to the July low could be achieved if this plays out to my expectations!