USD/JPY BEST PLACE TO BUY FROM|LONG

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Hello,Friends!

We are going long on the USD/JPY with the target of 160.312 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.

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We are seeing a good move already so we will keep the trade running!
Bullish PatternsbuyChart PatternsforecastForexLONGtecnhicalanalysistradingTrend AnalysisUSDJPYWave Analysis

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