ForecastCity

Don't miss the great buy opportunity in USDJPY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (106.85). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.

Take Profits:
TP1= @ 107. 40
TP2= @ 107.75
TP3= @ 108.50

SL= Break below S2
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Comments

Well done Fantastic graph and comments
+3 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Thank you
+2 Reply
najmpwut sara-kian-fx
@sara-kian-fx, سارا چقدر تعریف میکنی!
Reply
Good
+3 Reply
ForecastCity jagdeeshparsad54
+2 Reply
Good
+3 Reply
@caxr30, Thanks
+2 Reply
Thanks for sharing your ideas and technical analysis with us. 🌟🌸🌟🌸🌟🌸
+2 Reply
@fxniki, we appreciate your support. 🙏
+1 Reply
V good
+2 Reply
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