financialflagship

USD/JPY – Week 25 – Complex B-wave.

Short
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
In our previous outlook, we expected USDJPY to drop towards the support area. Instead, the price gathered some bullish momentum and slowed down the small rally.
For next week, we expect the pair to reach the support level and bounce back up.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

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