The USD may be seeing some renewed selling pressure to squeeze out recent buyers

Currency Analysis USDJPY

Timeframe and recent price action : Daily Up/Hourly Down



The USDJPY looks set to run lower as recent buyers are squeezed out of the action. We are now watching the lower timeframe charts for a lower high and sell entry setup. There still may be a bit of work to do but well and truly on the watchlist.


Currency Pair : USDJPY

Current Price : 109.57

Status : On watch for sellers to build for a long squeeze lower