USDJPY Short Scenario - #eToro
USDJPY has broken also the support 98.847. Now we should wait the NFP to see possible relevant changes to the trend in the daily and weekly charts. The weekly chart shows the break down but it suggests also the possibility of a retrace up for the next week.
Watching the daily chart and following the break down the price movement shows the tendency to reach the key support of 96.331. Seems that there is a good opportunity to enter short, if the price action will confirm it again.
Watching the daily chart and following the break down the price movement shows the tendency to reach the key support of 96.331. Seems that there is a good opportunity to enter short, if the price action will confirm it again.
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