UsdJpy has difficulties staying above 109 figure.
For us to still consider an uptrend for the pair, 108.50-108.60 zone needs to hold.
A break here would expose 107 zone, major support and also rising wedge target
Strategy:
Buy as long as the price stays above 108.50
A daily close under support would negate this scenario
For us to still consider an uptrend for the pair, 108.50-108.60 zone needs to hold.
A break here would expose 107 zone, major support and also rising wedge target
Strategy:
Buy as long as the price stays above 108.50
A daily close under support would negate this scenario
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.