Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

USDJPY sell alert and technical analysis #forexeducation #forexsignals #usdjpy #shorts

11 Jul 2023 · 1 min

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Vladimir Ribakov sees USD/JPY heading lower to around 140, despite any short-term bounces. Momentum is bearish, though news later in the week could shake things up.

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area here, as you can see. Okay, it looks fantastic. So for me, any pullback is still an opportunity to look for further continuation down. Yes, there are news that will be published during this week that could affect how everything looks like and behaves like. But technically speaking only, the momentum was and remains bearish, and I would expect to see further continuation down after any pullback. I think this area around the 140, maybe even slightly lower, is still a legit area where this pair might try and reach.