$USDJPY - further downside pressure is likely in the days ahead

Monday, June 13, 2016 Posted by TFAL Team


On technical / USDJPY now trading below the 200-week MA suggesting further weakness targeting 101/102 level .

I am shorting with 3 targets @105 , 103.50 and 102.50 stop  on daily close above 108.


USDJPY Weekly Chart













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