💡Don't miss the great sell opportunity in USDJPY

FX:USDJPY   U.S. Dollar / Japanese Yen
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (110.31).
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 a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 25.

Take Profits:
TP1= @ 109.72
TP2= @ 109.27
TP3= @ 108.96
TP4= @ 108.55
TP5= @ 108.32

SL: Break Above R2

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Comprehensive analysis.
+1 Reply
@Lizabet, We appreciate your comment.
Good forecast, hope to see more.
+1 Reply
ForecastCity Megan_forex
Thanks @Megan_forex, We appreciate your comment.
Nice view, I love it.
+1 Reply
ForecastCity davidgolandak
@davidgolandak, We appreciate your comment.