USDJPY Trade Idea
In yesterday's analysis, I expected UJ to have some short-term bearish reversal rejecting the 109.22 resistance zone, which was exactly what the market performed. In today's trading session, I will be focusing on short-term selling opportunities if UJ finds further sellers in the market. Two scenarios that I am looking at
1. If there's further selling pressure, that could send UJ back towards the 108.40 minor support zone (Bearish)
2. If we notice any bullish momentum holding price above the 109.22 resistance zone, that would invalidate the short setup.
Stay reactive.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
1. If there's further selling pressure, that could send UJ back towards the 108.40 minor support zone (Bearish)
2. If we notice any bullish momentum holding price above the 109.22 resistance zone, that would invalidate the short setup.
Stay reactive.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.