USD/JPY Daily
USD/JPY breaks the range and uptrend continues to the next level 151.94.
SUGGESTED TRADE: BUY USD/JPY
ENTRY - around 147.130
SL - 144.400
TP - 151.600
Client Sentiment:
Retail trader data shows 73% of traders are net-short. We typically take a contrarian view to crowd client sentiment, and the fact traders are net-long suggests USD/JPY prices may continue to rise. Traders are further net-short than the last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading bias.
Keep It Simple and Always Trade With the Trend!
Please, Support Our Work with Like & Comment! Thank You!
USD/JPY breaks the range and uptrend continues to the next level 151.94.
SUGGESTED TRADE: BUY USD/JPY
ENTRY - around 147.130
SL - 144.400
TP - 151.600
Client Sentiment:
Retail trader data shows 73% of traders are net-short. We typically take a contrarian view to crowd client sentiment, and the fact traders are net-long suggests USD/JPY prices may continue to rise. Traders are further net-short than the last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading bias.
Keep It Simple and Always Trade With the Trend!
Please, Support Our Work with Like & Comment! Thank You!
