- According to the most brokers’ data, more than half of the traders are currently in long positions on USDJPY. As a result, we recommend considering only Short trades at this time.
- In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
- The last downward movement has brought a volume of sellers, which implies a small price correction. Enter the deal with a Sell Limit order.
Chart & Analyst Comments
