Context:
Usd/Jpy remains in its range with support beeing @118.600 and resistance @120.400
as it remains in this range for now one can either wait for a breakout eitherway or simply buy support
and sell resistance
signs of strenght:
up trend
former middlepoint now support
signs of weakness:
resistance still holds
Usd/Jpy remains in its range with support beeing @118.600 and resistance @120.400
as it remains in this range for now one can either wait for a breakout eitherway or simply buy support
and sell resistance
signs of strenght:
up trend
former middlepoint now support
signs of weakness:
resistance still holds