USDJPY Trade Idea
UJ has been bouncing back on forth between the 108.38 - 109.25 S&R zones proceeding its range bound condition. In today's trading session, I will be focusing on short-term selling opportunities. Two scenarios that I am looking at
1. If UJ again bounce back towards the 109.25 resistance zone, I will be looking for some range setup with 108.90 minor support zone as the initial target
2. If I notice a clear break below the 108.85 minor support zone, will be looking for potential break & re-test setup with 108.38 support zone as the target.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
1. If UJ again bounce back towards the 109.25 resistance zone, I will be looking for some range setup with 108.90 minor support zone as the initial target
2. If I notice a clear break below the 108.85 minor support zone, will be looking for potential break & re-test setup with 108.38 support zone as the target.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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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.