Appears that the dragon has already taken a blink in EUR/JPY and USD/JPY, although the brokerage firms give a different point of perspective as they're still charging for swap.
However according to orderblock trading,this pair is undoubtedly in an uprise in a monthly time frame view BUT, currently price action says otherwise:
The price has been taking short term sell orders recently,and we might possibly see a move down this week from the 98.09- 98.1 zone down towards the 97.4+ zone.
As we all know that the market is like a money hurricane, do trade with caution, should the market go in our favour,do adjust SL to the entry line once the market reaches our hazard golden line.
Happy Trading Week...
However according to orderblock trading,this pair is undoubtedly in an uprise in a monthly time frame view BUT, currently price action says otherwise:
The price has been taking short term sell orders recently,and we might possibly see a move down this week from the 98.09- 98.1 zone down towards the 97.4+ zone.
As we all know that the market is like a money hurricane, do trade with caution, should the market go in our favour,do adjust SL to the entry line once the market reaches our hazard golden line.
Happy Trading Week...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.