USDJPY at key level for next rally!
Hey guys,
Based on my analysis, USDJPY reached a key level that might to have a good point for next rally.
As it is visible on the chart there is a conjunction of two important trend line that they cross each other on a support area.
So however it can be a little bit risky because currently there no clue for reversal to uptrend in 15min chart, but the good risk reward leads me to open a position at this key level.
Good luck!
Based on my analysis, USDJPY reached a key level that might to have a good point for next rally.
As it is visible on the chart there is a conjunction of two important trend line that they cross each other on a support area.
So however it can be a little bit risky because currently there no clue for reversal to uptrend in 15min chart, but the good risk reward leads me to open a position at this key level.
Good luck!
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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.