I would SELL
USDJPY 1H Analysis.
Price reached area where strong resistance area, so big possibility that movement will be down for a while.
Right now i expect that price will go to support area i marked in chart. Then make a bounce up.
Then two things could happen. Price could bounce between these zones or if price will break this support zone, then next target should be at 107.0
Price reached area where strong resistance area, so big possibility that movement will be down for a while.
Right now i expect that price will go to support area i marked in chart. Then make a bounce up.
Then two things could happen. Price could bounce between these zones or if price will break this support zone, then next target should be at 107.0
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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.