USDJPY : good spot to buy
USDJPY has been stuck in a corrective move since mid december and should get out of it soon.
In fact prices are very close of 4 different supports :
- 0.5 fib retracement
- 200-sma
- abc in AB=CD type
- mid line of the fork
The convergence of it should be enough to give impulsion to the pair to reach at least the 127 level
In fact prices are very close of 4 different supports :
- 0.5 fib retracement
- 200-sma
- abc in AB=CD type
- mid line of the fork
The convergence of it should be enough to give impulsion to the pair to reach at least the 127 level
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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.
Related publications
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.