USDJPY Bullish Ahead of US GDP Announcement
Hi Traders!
USDJPY is in an ascending channel, and there is a bullish outlook on the market.
Here are the details:
After the pullback from the weekly high, the market seems to have found support near the channel support line.
We are now looking for a break and close above the 20 EMA for a confirmation signal to target an exit near the weekly high.
Preferred Direction: Buy
Entry Level: 143.250
Stop Level: 142.271
Target Level: 145.209
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
USDJPY is in an ascending channel, and there is a bullish outlook on the market.
Here are the details:
After the pullback from the weekly high, the market seems to have found support near the channel support line.
We are now looking for a break and close above the 20 EMA for a confirmation signal to target an exit near the weekly high.
Preferred Direction: Buy
Entry Level: 143.250
Stop Level: 142.271
Target Level: 145.209
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX