USD/JPY Technical Out look.
Both buy/sell opportunity on
UJ we are looking for price to
give us either buy or sell opportunity
this week on UJ.
SELLERS- if get price back into to
146.05 area we can see a possible retest
back into 146.99 before we see price head
lower on UJ.
BUYERS- once price retest and hold above
147.05 we can see buyer take price higher
on UJ once we reject and hold above that
support area.
Pay attention to price action.
Both buy/sell opportunity on
UJ we are looking for price to
give us either buy or sell opportunity
this week on UJ.
SELLERS- if get price back into to
146.05 area we can see a possible retest
back into 146.99 before we see price head
lower on UJ.
BUYERS- once price retest and hold above
147.05 we can see buyer take price higher
on UJ once we reject and hold above that
support area.
Pay attention to price action.