USDJPY SHORT/ TRADING JPY STRENGTH

JPY – Price has created a lower low on the Daily Timeframe, which has broken the daily Uptrend theoretically, however, still needs to be confirmed.

Price is at a turning point, currently – Price has broken the trend however we need further confirmation which we will be able to see via the interaction with the monthly pivot point. Rejection from this area will give us reason to buy JPY.
Chart PatternsPivot PointsTrend Analysis

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