UsdJpy approaching strong support
After reaching my target at 138 zone, UsdJpy dropped hard and at this moment is approaching a strong support zone just under 134.
I believe after the touch of support the pair will resume its up move and a new leg up will follow.
In conclusion, dips in this zone should be bought with negation under 133 and a target of at least 200 pips.
I believe after the touch of support the pair will resume its up move and a new leg up will follow.
In conclusion, dips in this zone should be bought with negation under 133 and a target of at least 200 pips.
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