USDJPY Daily - update
hello.
As of Wednesday's candlestick, we can be suspicious about the reversal. Better not to get a long position unless the pair stays on top of the supportive level (110.300 – 110-400).
If you want to go long, put your stop loss at 110.140
The pair can decline to 109.5 but I expect at least 180pips bullish move after that. And if the pair doesn't go higher than that you can expect it'll meet 108.4 and 106.8 then a bounce after reaching those levels.
Last analysis about the pair:
As of Wednesday's candlestick, we can be suspicious about the reversal. Better not to get a long position unless the pair stays on top of the supportive level (110.300 – 110-400).
If you want to go long, put your stop loss at 110.140
The pair can decline to 109.5 but I expect at least 180pips bullish move after that. And if the pair doesn't go higher than that you can expect it'll meet 108.4 and 106.8 then a bounce after reaching those levels.
Last analysis about the pair:
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.
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.