Usd/Jpy Market Outlook
Context:
this pair finally broke out thru the upside from its range, this happened on an increase in momentum
so this action should be judged of strong nature any further higher higsh and lows , will bring us further
to the high of @121.9 any pullback to test the broken resistance may reveal an entry to the longside
signs of strenght:
broken resistance
rallie on increased momentum
signs of weakness:
none
this pair finally broke out thru the upside from its range, this happened on an increase in momentum
so this action should be judged of strong nature any further higher higsh and lows , will bring us further
to the high of @121.9 any pullback to test the broken resistance may reveal an entry to the longside
signs of strenght:
broken resistance
rallie on increased momentum
signs of weakness:
none
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.