#USDJPY: Resistance/Support Setup - 7th Oct 2020
USDJPY broke out this morning at 105.81
Now the market is retracing to the breakout zone.
The prior resistance becomes now a support level.
I expect a rebound and probably new highs.
The stop loss should be below the support zone at 105.60
Now the market is retracing to the breakout zone.
The prior resistance becomes now a support level.
I expect a rebound and probably new highs.
The stop loss should be below the support zone at 105.60
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# Community: robertrother.com
# Telegram Gruppe t.me/+l-bkyPv0QbkyNDYy
# Spiegel Bestseller "Drachenjahre" amzn.to/2P7ud0u
# Telegram Gruppe t.me/+l-bkyPv0QbkyNDYy
# Spiegel Bestseller "Drachenjahre" amzn.to/2P7ud0u
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.