USDJPY has been moving sideways and is now in the resistance area again. I’m expecting it to go down again.
Entered short at 144.824
TP1: 142.13
TP2: 140.73
SL: 145.9
H4
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If Japan’s MoF doesn’t defend 145 handle by intervening again, this can continue to 150.
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I got stopped out on this trade. I already knew this would happen but I was being my stubborn self.
I am short about in that 144 range too. I don’t understand the inaction of Japan’s Head of Currency. They say they care but don’t ever do much! I suppose it could run past 150 now! I am still in the trade ugh!