USDJPY Trade Idea

41
UJ is currently in a range bound condition after an extended downtrend. UJ is currently forming a squeeze formation against the 103.700 resistance zone. Currently looking for buying opportunities if the price breaks above the 103.700 resistance zone with 104.700 as target or further. However, if the pivot trendline is broken, we could expect the market to re-test 103.000 daily low.

Trade safe.

Do follow my profile for daily fx forecast.

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.