Hey guys, well it's Saturday and tomorrow markets open. You know what that means baby!! Gotta catch those pips, anyways back to business.
I'm looking at USDJPY and as of right now support is 111.100 - 111.230 as you can see, and 112.080-112.180 is a good level of resistance based off the 1HR.
If you switch from the daily time frame, price is at a good support level which indicates to me as a buy, DON'T let the 1hr fool you!
Also if you go to the USDJPY chart right now off the daily time frame, price made a doji and a strong bullish push which acts as confirmation.
These are MY targets:
Target 1: 111.740
Target 2: 111.870
Target 3: 112.100
Hope everyone had a wonderful Thanksgiving!
I'm looking at USDJPY and as of right now support is 111.100 - 111.230 as you can see, and 112.080-112.180 is a good level of resistance based off the 1HR.
If you switch from the daily time frame, price is at a good support level which indicates to me as a buy, DON'T let the 1hr fool you!
Also if you go to the USDJPY chart right now off the daily time frame, price made a doji and a strong bullish push which acts as confirmation.
These are MY targets:
Target 1: 111.740
Target 2: 111.870
Target 3: 112.100
Hope everyone had a wonderful Thanksgiving!
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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.
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.