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TheTradersAvenue
Mar 26, 2020 7:32 AM

USDJPY WHAT AFTER BROKE ITS TREND? Short

US Dollar/Japanese YenSaxo

Description

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the price finally broke out from the triangle and broke trend line also we can look for prices to keep falling toward 108.50, but it's not gonna be a smooth ride as we have multiple minor support levels on its way.
I prefer to be conservative here and wait for a better entry,

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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**

Trade closed: target reached

Trade won 210pips
Comments
FXCM
woah nice call! you caught the drop nicely to the support zone. I have a bullish bias, in line with the zone that you have highlighted as well where we could be seeing a bounce above this level
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