USDJPY 1hour Analysis December 29th, 2020
Price is getting close to our support level and key weekly level at 103.370. For us to go long we want to see a strong bullish engulfing off the weekly level, or we can wait for a more conservative entry and wait for the break and retest of the resistance trend line and 1hour 200MA.
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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.