As you can see by the chart, todays trend is down.
I have been trading the usd/jpy for a while, traditionally I make the pips in the trend. The only way to know when the trend is in effect is to know how to read the “right” indicators. Specifically, learn how to use and read Pivots. The usd/jpy is the only currency that bounces off of its pivots meaning it can come to a dead stop on a pivot and turn right around and go back where it came from.
Written by MoForex · Filed Under USD/JPY
