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piphunters
Sep 25, 2021 8:45 PM

USDJPY Buy setup for coming week Long

U.S. Dollar/Japanese YenFXCM

Description

The pair appears to have broken to the upside from the current corrective structure presenting us an opportunity to go long when the price retreats before the next move up begins, right now any dips look opportunities to go long, if this is the start of a new lag up or part of the larger corrective remains to be seen but we can target the July high's around 111.50 to take profit on any longs. The weekly is giving a lot of weight too for longs.

Comment

was expecting a smaller correction before continuing up but it's heading straight up and looks like it'll clear the 11.60 target area before any pullbacks which should happen today as it looks.
Comments
Verkaas
Thank you
bossmadep88
i can see a huge sell coming it looks like a possible liquidity grab over the last week good lick either way im more short term sell bias it will tank bro be careful
piphunters
@bossmadep88, I am expecting it test the highs before turning down, let's wait and see. Good luck you too
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