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USD/JPY sees bearish setup

Failure to hold above kijun line suggests bearish bias possibility for a test of the March 30 119.11 low Tenkan & kijun lines are becoming increasingly downticking Traders stay short at 120.20 for 119.20, with trailing s…

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USD/JPY sees bearish setup
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  • Failure to hold above kijun line suggests bearish bias

  • possibility for a test of the March 30 119.11 low

  • Tenkan & kijun lines are becoming increasingly downticking

  • Traders stay short at 120.20 for 119.20, with trailing stop lowered to 119.80

 

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