Usd/jpy

Trading Discussion
1

Hi guys,

I was wondering what some established traders speculate about the USD/JPY.

Recent news from the US points to the market becoming bearish, but I wanted some insight from some other traders.

I have read many articles of technical and fundamental analysis with some pointing to the start of a bearish trend and others saying a reversal still awaits. What do you guys think?

2

The 118.30 area is a good support for the USDJPY. lets be attentive to a possible breakdown of that zone, because it could accelerate the bearish momentum on the pair.