Forex_League_Analysis

USDJPY 30min Analysis March 31st, 2021

OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trade Scenario 1: Bullish - For us to go long we want to see price break above 110.900. We will then wait for a retrace and for 110.900 to act as support. Enter on strong bullish setups, first targeting 111.300.

Trade Scenario 2: Bearish - For us to go short we want to see price reject off 110.900 forming a double top. We will then enter on strong bearish setups, first targeting 110.400.
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