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USDJPY– W1 Technical Analysis
U.S. Dollar / Japanese Yen
USDJPY– W1 Technical Analysis
By DennisOkari
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Jun 7, 2022
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Jun 7, 2022
USDJPY– W1 Technical Analysis
FORECAST: SELL
Price has extracted liquidity at 123.697. The pair is currently BUYING and headed for the weekly liquidity pool at 135.058.
SCENARIO 1: (Line Arrow)
Anticipating a sell at any moment, sentiment changes from a strong bullish trend due to earned swap fees.
SCENARIO 2: (Dotted Arrow)
Price will clear out the weekly liquidity pool before it goes down.
Sentimental Analysis: Current
71% - Selling
29% - Buying
CURRENT SIGNAL: BUY
TRADE CALL: Waiting for SELL signal
Beyond Technical Analysis
Chart Patterns
Trend Analysis
DennisOkari
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