On #USDJPY 1-hour chart, curve T3 and simple moving averages (ma10 and ma20) have turned their directions to pozitive.. It is likely that the price will go up.. I expect a structure as I mentioned in the chart.. We will wait and see..
Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
Analysis for US Trading session (Sept. 1 2017)
The USDJPY trading pair has been heavily based on US news this month. Below is a general outlook to interpret this trading idea.
1 Hour SETUP
USDJPY has been in a range of 108.70-110.70 since around August 16th. After a secondary H4 resistance test on the 25th (marked on chart), the pair dipped to a new...
