Dollar Américain / Yen japonaisMis à jour USDJPY Trade Idea
In yesterday's analysis, I discussed about the long opportunities as i noticed the probe setup (an indication of temporary strength) with 103.700 as the initial target, which was exactly what the market performed. Currently looking for short-term buying opportunities after some minor pullback potentially towards 103.68 zone for bullish continuation setup with 104.700 as the initial target, further target will be 105.60 zone. However, do not forget that the overall direction remains bearish on the higher timeframe, we need more bullish momentum to confirms a long-term reversal. If price again sell-off, we could easily expect further selling pressure back towards some of the daily lows (103.000 & 102.652).
Trade safe.
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Trade safe.
Do follow my profile for daily fx forecast & educational content.
Note
Previous analysis
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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.