Technical Analysis Based on Breakout – Sell Usd around 114.38
USDJPY – Down
Usd is pulling back upwards but still below 114.38. I went short around 114.38 and is still holding onto this position. My expectation is that the price should continue to plummet but with a fixed take profit set at 108.25. As it is on the daily chart above, if you didn’t go short around 114.38, then wait for price to reach here then short Usd with your stop loss above the recent highest higher 114.50.
Sell Usd around 114.38 towards 108.25.
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