DoubleTop11

USDJPY Breakout to the downside thoughts

FX:USDJPY   Dollaro / Yen giapponese
Looking at the USDJPY the trend is down and we are coming very close in getting a breakout to the downside. Technically speaking we are very strong in a down trend. Yet fundamentally, most would say that this $100 is hard support as it's a whole number and the jpy is very weak as a currency. Personally, I'm more of a technical trader and feel that the fundamentals will come 'after the fact'. So we really need to see a lot more reversal here around $100-$107 before the Trend will reverse
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.