StocksForexPro

An early starter for 10 for 2020! USD JPY SHORT

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OANDA:USDJPY   美元 / 日圓
I've shown this on the daily chart for entry purposes but for overall structure, look to the weekly chart. Anyway, the dollar has reached a natural line of resistance and my baseline and momentum is now moving towards the negative. There should be good potential for profit taking here, though I follow my exit indicator. As always, this does not constitute investment advice, simply what I'm doing. Do your own research to confirm. USDJPY
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As we can see, so far this trade is working nicely. We'll see how it shapes up early in the week. Thanks for the looking.

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