USD/JPY - Possible Outcomes
Dear Friends,
How I see it:
1) A further decline is plausible.
2) A break and hold above black trend resistance could indicate
a potential reversal.
Patience is key.
Keynote:
DXY is struggling to get a foot hold above 108.
Thank you for taking the time to study my analysis !
How I see it:
1) A further decline is plausible.
2) A break and hold above black trend resistance could indicate
a potential reversal.
Patience is key.
Keynote:
DXY is struggling to get a foot hold above 108.
Thank you for taking the time to study my analysis !
Note
I just want to add:
For any initial bullish / green excitement we want to see energy and quality
at least on an 1H timeframe ABOVE 155.000 confluence!
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.