USDJPY 1hour Analysis December 2nd, 2020
USDJPY Short
Price is still respecting the 200MA on the 4h timeframe. We need to see price break the supporting trendline and the 200MA on the 1h timeframe. Look for a corrective structure to form a LH around the 104.3 zone. Take shorts on bearish momentum/variation.
Price is still respecting the 200MA on the 4h timeframe. We need to see price break the supporting trendline and the 200MA on the 1h timeframe. Look for a corrective structure to form a LH around the 104.3 zone. Take shorts on bearish momentum/variation.
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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.