AaYeVoNPvtLtd

How much can usdjpy reduce prices & how?

SAXO:USDJPY   U.S. Dollar / Japanese Yen
Hello Follower,

First we will talk about analysis

Analysis:- If we hold the weekly chart, we can see the usdjpy resistance 110 level. If this level is broken, the price will go up as it goes up.
And
If the market closes below 109 usdjpy price this week or any strong candlestick is made. Then usdjpy price next week may come close to 108.31 or 107.77 price.

Now talk about News

News:- NFP news and US employment if weak come, so second point touch and if good new come + dollar broke 93.11 level, so usdjpy 110.50+ price come.

If u don't understand so ask

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.