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 (104.20).
. 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 64.

Take Profits:
TP1= @ 104.67
TP2= @ 104.80
TP3= @ 105.05
TP4= @ 105.28
TP5= @ 105.74

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

Very thoughtful, Thank You for sharing!
+1 Reply
ForecastCity_ME Forecast_Crypto
@Forecast_Crypto, You're most welcome!
Reply
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