USDJPY Weekly 27/04/2020-01/05/2020
H4 time frame
Price break up down trend line last week and consolidate between zone 107.924 and 107.059
First scenario is price continuous go up and break up resistance zone at 107.924, price will go up to test resistance zone at 109.236
Second scenario is price continuous go up break up resistance zone at 107.924,price will go down to test support zone at 107.059
H4 time frame
Price break up down trend line last week and consolidate between zone 107.924 and 107.059
First scenario is price continuous go up and break up resistance zone at 107.924, price will go up to test resistance zone at 109.236
Second scenario is price continuous go up break up resistance zone at 107.924,price will go down to test support zone at 107.059
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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.