USDJPY Long 107.70/80 SL 106.00 T 114.00/114.50
Likely feasible to long.
NOTE: I did not read the chart by using "technical chart" but I am reading by "currency band vertical chart". Thus, they may be different of how the reading should be made.
NOTE: I did not read the chart by using "technical chart" but I am reading by "currency band vertical chart". Thus, they may be different of how the reading should be made.
Yorum:
Risk remains to be seen
Yorum:
The risk on this long trade is higher and the USDJPY likely will be pressured down until JPY-band is fully turned to upward. New long trade will be re-established by cutting the current lost.
Yorum:
The JPY-based lower bands are aligning to downward and pressured by USD-based band. At such, long trade remains to be at high risk.