USD/JPY has been weak and in a bearish trend since the beginning of the month with yet no sight of ending.
We can expect USD/JPY to lose more until it finds it's last support. It's yet still falling as if nothing was holding it.
Be prepared for the worst, 50 pips of Stop Loss might not be enough if it retaliates.
Invest only after the bearish trend further down has begun.
Happy trading!
We can expect USD/JPY to lose more until it finds it's last support. It's yet still falling as if nothing was holding it.
Be prepared for the worst, 50 pips of Stop Loss might not be enough if it retaliates.
Invest only after the bearish trend further down has begun.
Happy trading!