Today's JPY Strength/USD/JPY Sell Signal

[Mark Mc Donnell]

Today the JPY was strong on all pairs generating a sell signal on the USD/JPY. This pair could continue lower on the H4 time frame for one more day but the overall trend is up on the higher time frames.




Trend based trading plans and live signal for 28 pairs at Forexearlywarning.com

 

[parsifal23]

As long as the Nikkei and the S&P 500 are climbing I can´t imagine that USD/JPY goes down.......
I see it as a small correction and a possibility to buy the dip (I´d an entry-order at 119.00 which got triggered)