Potential Short USD/JPY (Medium-Term)

٣٠ سبتمبر ٢٠١٩

Looking too potentially short the USD/JPY above 108.00, based off technicals on the 6h chart and an indication of a bearish signal. The 107.00 represents a good take profit target and should allow for a favourable risk:reward relationship. The 1.700 level served as previous resistance.