USDJPY short @ 143.3
There is a resistance formed at 143.5 area, and the price action has been quite up and down recently, so it is likely that the market will go into consolidation phase, which means mean reversion trading.
I would personally take this trade down to about 142.7 ish level, which is where the resistance is at, and monitoring the trade possibly to 142.3 area, which is the daily low today.
I would personally take this trade down to about 142.7 ish level, which is where the resistance is at, and monitoring the trade possibly to 142.3 area, which is the daily low today.
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