Tuesday, October 19, 2021

Short USD/JPY

USD seems to be losing strength as well as yen, but the momentum of yen currency push the pair downward. We have multiple tries with dollar fail rally attempts, with bulls keep inconsistent push while short side keep strengthen. Unfortunately today was a quiet day without any economic calendar news thous is possible to see a closing near to open Price. Tomorrow is a totally different thing, I see a rapid downfall of USD/JPY possible to close near 113.5 but this is just a guessing while we have many important news coming tomorrow as can be collaborated with both currencies up and down.
USD/JPY 1D

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