OFT-Forex

USDJPY - A shift in momentum?

FX:USDJPY   미국 달러 / 일본 엔
After a massive rally early September, we have seen a nice and clear liquidity ''grab'' (fulfillment) at the highs with exhaustion and a lower high after.
Last weeks trading session has seen this pair push up to 108.000 and find ''resistance'' there in that orderblock of the lower high formation. Ive got a really clean set up on this and potentially, we could see a new low being formed in the coming days/weeks.

Bear in mind that we are ending Q3 2019, This could increase volatility across the board so keep your stop losses safe!
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