Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (109.53). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which...
Potential deep crab on USDJPY. If Point C is broken then this structure is invalid. PRZ 119-121. Target 1 - 115, Target 2- 112.5
We are doing USDJPY Analysis in Daily Time frame You can keep an Eye on USDJPY it is forming rising channel pattern you can take a trade on the breakout of this pattern. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan