Hello everyone, today the USDJPY has been trading around the 150.500 mark during the early trading hours of the weekend. This pair found support at 150.42 and retested the 34 EMA line.
Trend Forecast: USDJPY is expected to continue its upward momentum and is forming a double top pattern as indicated on the chart. We will consider a sell strategy if USDJPY reaches that level.
What about you? What are your thoughts on the trend and your next trading strategy for USDJPY? Drop a comment to let me know!
Trend Forecast: USDJPY is expected to continue its upward momentum and is forming a double top pattern as indicated on the chart. We will consider a sell strategy if USDJPY reaches that level.
What about you? What are your thoughts on the trend and your next trading strategy for USDJPY? Drop a comment to let me know!
