Key Level for USDJPY
Good afternoon:
USDJPY looks like a head and shoulder to some extent, and I am being cautious as I didn't cash out in the previous rise. Thus, I am closing 80% of my position at the current level and will probably observe on the sides temporarily. However, I will definitely pay attention to USDJPY as well, as it's moving closer to the 117 level. If that happens, I might invest more in DXY and the Japanese Yen to hedge for a potential fall from global indices.
Sincerely.
Qtaro
USDJPY looks like a head and shoulder to some extent, and I am being cautious as I didn't cash out in the previous rise. Thus, I am closing 80% of my position at the current level and will probably observe on the sides temporarily. However, I will definitely pay attention to USDJPY as well, as it's moving closer to the 117 level. If that happens, I might invest more in DXY and the Japanese Yen to hedge for a potential fall from global indices.
Sincerely.
Qtaro
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