USDJPY 9/28
Analysis for USDJPY
- On the daily we saw price retrace to the 61.8 Fib level
- Current momentum is still bullish although it's broken past two major trendlines signaling a bearish turn
- RSI and price action will confirm the above statement
- However there are currently no setups to be seen
- ADX indicates price to be in a bullish momentum and consolidation from higher lows confirm this, seems buyers are taking a break
- Looking for possible bullish entry if price doesn't indicate any major reversals
- On the daily we saw price retrace to the 61.8 Fib level
- Current momentum is still bullish although it's broken past two major trendlines signaling a bearish turn
- RSI and price action will confirm the above statement
- However there are currently no setups to be seen
- ADX indicates price to be in a bullish momentum and consolidation from higher lows confirm this, seems buyers are taking a break
- Looking for possible bullish entry if price doesn't indicate any major reversals
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.