USD/JPY overview

USD/JPY is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 153.03 JPY. The next support located at 151.64 JPY…

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on USD/JPY as long as the price remains well below 154.70 JPY. The sellers' bearish…