USDJPY 30min analysis April 6th, 2021
Trade Scenario 1: Bearish - For us to go short we want to see price break below 109.740. We will then wait for a retrace and for price to reject off 109.740. Enter on strong bearish setups, first targeting point of control around 109.400.
Trade Scenario 2: Bullish - For us to go long we want to see price find support at 109.740. We will then enter on strong bullish setups, first targeting 110.000.
Trade Scenario 2: Bullish - For us to go long we want to see price find support at 109.740. We will then enter on strong bullish setups, first targeting 110.000.
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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.