USDJPY 30min Analysis March 9th, 2021
Trade Scenario 1: Bullish - For us to go long we can enter on strong bullish setups off our structure zone of 108.500, first targeting previous highs around 109.100.
Trade Scenario 2: Bearish - For us to go short we need to see price break below 108.500. We will then wait for a retrace and for 108.500 to flip as resistance, first targeting 108.100.
Trade Scenario 2: Bearish - For us to go short we need to see price break below 108.500. We will then wait for a retrace and for 108.500 to flip as resistance, first targeting 108.100.
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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.