Heavily Shorting USDJPY since last week friday and stopped!

upload_2022-11-10_19-35-52.png
 
You don't think fundamentals has to do something with it?
Of course they do, long term. But let's see how this plays out. There might be a surprise coming. There always is.

In the meantime I will continue to look towards Technicals to guide me short term, especially as to entries and exits.

BTW this also what I was looking at recently - monthly resistance. Wicks poked above but no candle closes:-
!DXY Monthly.png
 
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