False breakout? Let’s see USD/JPY
Waves scenario about USD/JPY
Trade active
After breakout from yellow line and than pullback to retest support. After pullback maybe retest at 109.000 area.
If UJ can break the resistance, we will see the last resistance at 111.000 area (gap down at May)
Note
*export war between Japan and Korea will give negative sentiments *if want to open buyoosition just wait info economic Retail Sales on Japan
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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.