Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Here we have an inverse head and shoulders, a second last kiss to the broken trendline, a supply zone, AND bullish USD fundamentals. This should be an easy swing buy, with TPs at 114.800, 116, 118, and even potentially a new high for the past year, depending on data leading up to the rate hike decision and then the decision itself in March.
USDJPY BULLISH Resistance: 114.500 - 115.000 - 115.500 Support: 113,800 This is not investment advice
@102 we see in weekly chart that strong resistent area this area start that strong since 2013 as now we think of that LONG IT WILL BE OUR TRADE even the price go down to 101 IT WILL BE VERY GOOD LONG ALSO