Short USDJPY

٣٠ أغسطس ٢٠٢٣

Hi Everyone, USDJPY has been on a nice rally up, but it seems like it has lost a bit of power.
On top of technical analysis, the recent news released with some key economic indicators showing positive impact to control inflation, which leads to a lower probability of heavy hikes in interest rates.

I believe USDJPY is ready for a correction and 1:2.5 will be my risk to reward with the setup shown on this screenshot.

Thank you

١ سبتمبر ٢٠٢٣

تم فتح الصفقة

Very nice push to the down side.
We are now very close to a first target where you could wish to take some partial profits.