US Dollar vs Japanese Yen USDJPY Free Forex Signals
Posted Mixed Daily results for the last 6 days
Selling pressure from 151.30 resulted in all the initial daily gains being overturned
There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 148.56
Further downside is expected and we prefer to set shorts in early trade
The medium term bias is neutral
Key Signal Parameters
- Parameter
- Value
- Instrument
- USDJPY
- Signal Type
- SELL LIMIT
- Timeframe
- 4H
- Entry Point
- 149.550
- Stop Loss
- 150.250
- Take Profit 1
- 147.900
- Take Profit 2
- 147.500
Signal Breakdown with Key Levels
