USDJPY is Revisiting the 124 Monthly Resistance ( Sell Zone )
Market Instrument: USDJPY
Timeframe: Monthly
Analysis: Technical
Structure: Monthly Resistance, Bul trend
Prediction: Bullish
USDJPY is outstanding these days and ruing the market. So yeah this can easily revisit the monthly resistance formed close to 124.00 in the price area where this seems to be a major sell zone while considering the historical price actions. Hope that price can show up a sell-off after visiting the required sell region this time.
Timeframe: Monthly
Analysis: Technical
Structure: Monthly Resistance, Bul trend
Prediction: Bullish
USDJPY is outstanding these days and ruing the market. So yeah this can easily revisit the monthly resistance formed close to 124.00 in the price area where this seems to be a major sell zone while considering the historical price actions. Hope that price can show up a sell-off after visiting the required sell region this time.
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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.
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.