111.91 level to watch for the close today
Since the BOJ watchers’ article hit the wires last night, USDJPY hasn’t looked back and seen a slow drift lower. We entered the rising daily cloud today at 111.91.
There are supports and techs here at 111.70/75 but a close below would be very bearish. I’ve sold a few after the article came out yesterday and will partially stop for small profit
if the close would be above 111.90 today, letting smalls run with a stop at my entry around 112.40 or targeting mid 110s
Latest posts by K-man (see all)
- #Canada #Employment report preview. - November 5, 2021
- Rotation, ROTATION! - November 24, 2020
- $CNH living on hopium? Big week for the Yuan this. - January 13, 2020