ForecastCity_ME

Don't miss the great buy opportunity in USDJPY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (107.2). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 107.4
TP2= @ 107.6
TP3= @ 107.73
TP4= @ 107.90
TP5= @ 108.16

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

Thank you for your time and sharing of knowledge.
+1 Reply
ForecastCity_ME Mehmetozdemi
@Mehmetozdemi, You're welcome 💎💙🍀
Reply
Nice idea ..
+1 Reply
ForecastCity_ME Shiva_forex
@Shiva_forex, Thanks💎💙💎
Reply
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