USD/JPY Price Outlook| Drop back to 104 is likely 做空

USD/JPYOANDA

描述

⋅ Sep 30, 2020 5:27 AM

USD/JPY price action shows that bulls are getting weak.

The last five daily candles indicate sellers are gaining control
over this pair.

In my opinion, a drop back to 104 level can happen this week itself.
I would be looking to sell the rallies in USD/JPY

Dave-FX-Hunter

⋅ Sep 30, 2020 9:20 AM

Simple and efective thanks mate.

KaltoireCapital

⋅ Sep 30, 2020 12:15 PM

@DaweFXHunter Thanks buddy

KlejdiCuni

⋅ Sep 30, 2020 8:10 AM

Great chart. Yes it can be possible. I sold EURJPY and it looks like JPY is getting stronger. Thank you for sharing.

KaltoireCapital

⋅ Sep 30, 2020 12:16 PM

@KlejdiCuni, Yeah probably some risk -off move leading to strong JPY. Good luck

PolarHusk

⋅ Sep 30, 2020 6:37 AM

NiceJobToday

KaltoireCapital

⋅ Sep 30, 2020 7:24 AM

@PolarHusk, Thanks a lot

Fisher_Fx

⋅ Sep 30, 2020 6:04 AM

great analysis thanks

KaltoireCapital

⋅ Sep 30, 2020 6:05 AM

@Fisher_Fx, Thank you

Dave-FX-Hunter

⋅ Oct 5, 2020 3:49 PM

It can go higher

Dave-FX-Hunter

⋅ Oct 1, 2020 10:48 AM

Seems it will break soon, Im monitoring it.