USDJPY is breaking higher due to the risk-on sentiment in the market however price is approaching
a key weekly trendline where we could see some short-term selling re-enter the market. If price
forms bearish price action at the resistance we could look for short opportunities into the daily highs
at 106.50.
a key weekly trendline where we could see some short-term selling re-enter the market. If price
forms bearish price action at the resistance we could look for short opportunities into the daily highs
at 106.50.
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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.