USDJPY Buy
Expecting UJ to slowly break into a buy after staying within resistance and support prices 132.600 and 131.600 since early Monday. MA convergence here + indicators show signs of a nice upward movement.
I am also expecting the 10-year bond auction today to favor USD as well, which should drive prices for the short-term.
Buy Entry: 133.000
Targets: 133.375 | 133.700 | 134.100 | 134.430
Resistance: 134.750
Be sure to like this post and let me know what you think in the comments below.
I am also expecting the 10-year bond auction today to favor USD as well, which should drive prices for the short-term.
Buy Entry: 133.000
Targets: 133.375 | 133.700 | 134.100 | 134.430
Resistance: 134.750
Be sure to like this post and let me know what you think in the comments below.
Note
Support/Stop Loss: 131.300
Related publications
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.
Related publications
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.