UsdJpy- carving strong base
Since the start of the pandemic, UsdJpy is trading downwards, but if we look at the daily chart we can see that this downtrend is anemic and looks more like a range with some bearish tone.
We have a recent low just above 103 and now the pair looks like it found a strong base in this zone.
I expect a trend reversal for UsdJpy and I have a bullish outlook as long as the price is trading above 103.
My target for medium-term is 108 zone
We have a recent low just above 103 and now the pair looks like it found a strong base in this zone.
I expect a trend reversal for UsdJpy and I have a bullish outlook as long as the price is trading above 103.
My target for medium-term is 108 zone
Christmas & New Year Offer: 40% Discount- More Details: t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publications connexes
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.