If the double top on the weekly chart is going to hold, then there should be a good amount more downside in USD/JPY. If it doesn't - we'll exit this trade.
149 was a key breakdown area - in case of a rebound we can enter short.
A close above 149 probably nullifies this trade.
145 is the key target.
149 was a key breakdown area - in case of a rebound we can enter short.
A close above 149 probably nullifies this trade.
145 is the key target.
