OFT-Forex

USDJPY - A shift in momentum?

FX:USDJPY   Dollar Américain / Yen japonais
After a massive rally early September, we have seen a nice and clear liquidity ''grab'' (fulfillment) at the highs with exhaustion and a lower high after.
Last weeks trading session has seen this pair push up to 108.000 and find ''resistance'' there in that orderblock of the lower high formation. Ive got a really clean set up on this and potentially, we could see a new low being formed in the coming days/weeks.

Bear in mind that we are ending Q3 2019, This could increase volatility across the board so keep your stop losses safe!
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.