UsdJpy off to the Races or 1 more Retest 🏎

UsdJpy increases this week despite significant retail imbalances from last week failing to take price lower with notable inlfation data. We may observe a move to go down now after jumping up with news release volatility from last week. Otherwise, UsdJpy is currently testing a Daily Resistance level for the first time. We may anticpate a move down early in the week but consequential upside movement laster in the week. The Monthly candle has confirmed an upside breakout to our next monthly zone at 158. We may observe initial retest of 148.71 once more before seeing more upisde movement.

Commentaire:

Got a second Retest at 148.71 as anticpated

Trade fermée: ordre d’arrêt atteint