Good morning traders.
Here is the update on the daily key levels for USDJPY. This pair is still very much in an uptrend. Buying opportunities are preferred and should be the only thing you look for. As such, a break above the current high will put sights up to r1 and if price can get above r1 it opens the likelihood of price hitting both r2 and r3 today. On the flip side of the equation, any dip down into s1 is a fantastic, low risk buying opportunity.
Enjoy!
Here is the update on the daily key levels for USDJPY. This pair is still very much in an uptrend. Buying opportunities are preferred and should be the only thing you look for. As such, a break above the current high will put sights up to r1 and if price can get above r1 it opens the likelihood of price hitting both r2 and r3 today. On the flip side of the equation, any dip down into s1 is a fantastic, low risk buying opportunity.
Enjoy!
