nick.trader4

USD/JPY Bearish Price Action

OANDA:USDJPY   US-Dollar / Japanischer Yen
In the US equities market the past weeks there has been a lot of news and risk aversion occurring due to the heavy sell offs after such a strong rally to start 2018. Some are wondering if its just profit taking and a healthy dip in the market or if the market has hit a top, at least for now.
The question will be after the long slide we've seen in the USD will this bring added momentum to the FX market causing lower prices after the consolidations? I don't know forsure but we can be prepared.
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