USD/JPY SHORT SETUP H1 BEFORE FED RATES

26 ביולי 2023

On USD/JPY, we have a bearish setup with a trendline holding from the level 141.90. Currently, the price is at 140.70, where it could break the previous minimum before a re-test. If the re-test is confirmed properly, it could give us a clear signal for a short trade with a target at 139.90. Let me know what you think. Happy trading to everyone from Nicola, the CEO of Forex48 Trading Academy.