We are looking to capitalize on a short-term Buy opportunity on USDJPY.
Currently waiting for it to finish one last correction to the 130.700 area where our TP lays.
We expect markets to be very volatile this week due to the FED Funds Rate event on Wednesday.
26 bps calms banking down, a halt in the bps rise would be very bullish for the markets.
Therefore we expect dollar weakness in the near term. Looking to short where our TP is at 130.700 area.
Please bear in mind that these trades are not financial advice and you should never risk more than 2% of your account. Make sure to do your Due diligence before putting on any trade.
Currently waiting for it to finish one last correction to the 130.700 area where our TP lays.
We expect markets to be very volatile this week due to the FED Funds Rate event on Wednesday.
26 bps calms banking down, a halt in the bps rise would be very bullish for the markets.
Therefore we expect dollar weakness in the near term. Looking to short where our TP is at 130.700 area.
Please bear in mind that these trades are not financial advice and you should never risk more than 2% of your account. Make sure to do your Due diligence before putting on any trade.
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