💱 USD/JPY Expecting Declines 💱
💱 USD/JPY Expecting Declines
💱 Nearest strong support zone: around the fibo level 0.236 of the declining wave.
💱 Nearest strong resistance zone: around the fibo level of 0.382 of the declining wave.
💱 Technical environment:
📊 Moving averages: Uptrend
📊 MACD: Uptrend
📊 RSI: Uptrend
💱 Price action: the USD/JPY reached the area of 135 after which it began to perform a downward correction, it looks like the next week may bring us a test of the support zone, and only from it will depend on whether we start a continuation of increases or decreases
📉 The scenario I am playing out is a decline to the support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. 🚀
💱 Nearest strong support zone: around the fibo level 0.236 of the declining wave.
💱 Nearest strong resistance zone: around the fibo level of 0.382 of the declining wave.
💱 Technical environment:
📊 Moving averages: Uptrend
📊 MACD: Uptrend
📊 RSI: Uptrend
💱 Price action: the USD/JPY reached the area of 135 after which it began to perform a downward correction, it looks like the next week may bring us a test of the support zone, and only from it will depend on whether we start a continuation of increases or decreases
📉 The scenario I am playing out is a decline to the support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. 🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
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Disclaimer
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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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.