TradingView
ForecastCity
22 janv. 2021 16:43

💡Don't miss the great buy opportunity in USDJPY Long

FX:USDJPY240
U.S. Dollar/Japanese YenFXCM

Description

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Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (103.590).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDJPY is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.

Take Profits:
TP1= @ 104.090
TP2= @ 104.400
TP3= @ 104.760
TP4= @ 105.080
TP5= @ 105.580
TP6= @ 106.080

SL= Break below S2

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ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsUSDjpyUSDJPYdollar
Commentaires
Best_Forecast
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nice
ForecastCity
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@Best_Forecast, Thanks for your support 🌹
Pro_Trader_007
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It's outstanding! 👏
ForecastCity
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@Pro_Trader_007, Thanks for your support. 🌹
Kristalyn
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It's very helpful 😊 Thank you
ForecastCity
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@Kristalyn, You're welcome 🌹
Sir_Ray
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thank you sir nice analysis
ForecastCity
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@Sir_Ray, Thanks for your comment. 🌹
sara-kian-fx
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I like your Ideas very easy to understand!
ForecastCity
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@sara-kian-fx, It's good to know you like it. 🌹
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