USD/JPY: resistance in $138.69 JPY
We see a potential short position in U.S. Dollar/Yen Japanese. Only analyzing in H4 timeframe. Because in the key support it's around $137.60 JPY approx. What we could to put a sell order place between $138.70 JPY - $138.90 JPY. My personal sell order place it's around $138.87 JPY. Stop Loss to $139.40 JPY. And my take profit to $137.60 JPY. We see a potential to find down 127 pips.
Good luck shorting USD/JPY
***Tomorrow we have in our economica calendar the U.S . Consumer Price Index what expect to raise 97.8 pts. But if you analyze the June and July, these past month was a negative trend indicating distruct by part of the U.S. Consumers. Also the FED continue keep interest rates higher in a bid to bring down to surging inflation to hit down 2%.
Good luck shorting USD/JPY
***Tomorrow we have in our economica calendar the U.S . Consumer Price Index what expect to raise 97.8 pts. But if you analyze the June and July, these past month was a negative trend indicating distruct by part of the U.S. Consumers. Also the FED continue keep interest rates higher in a bid to bring down to surging inflation to hit down 2%.
