USDJPY 1hour Analysis December 3rd, 2020
USDJPY Short
Price is consolidating around the 200MA on the 1h and 30min timeframes. 104.250 has been a key level of support so we are waiting for a break and retest of this level. Enter on bearish engulfing/variations and look to first target 103.7 for profits.
Price is consolidating around the 200MA on the 1h and 30min timeframes. 104.250 has been a key level of support so we are waiting for a break and retest of this level. Enter on bearish engulfing/variations and look to first target 103.7 for profits.
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.
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.