A bullish engulfing candle has formed at the lower point of USDJPY. The strong buying implse is created by the buyers so a uptrend move can be interpreted form that. A long trade would be ideal at this price point.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
