USDJPY – Buyers became leaders at the moment
USDJPY – Buyers became leaders at the moment
Trend: Strong Buy
Support/Resistance:
R2: 110.295
R1: 109.718
S1: 109.049
S2: 108.803
S3: 107.787
Price action:
In this trade idea, you can see how buyers were pushing price without any swing/denial by sellers. Actually buyers break sellers, before sellers were able to handle position at level 108.803. So buyers has to maintain above first support level at 109.049, to lead price higher to next Bulls targets.
Potencial trade idea:
Bulls targets:
T1: 109.718
T2: 110.295
NOTE – We are trading USDJPY via the preferred trading setups
ELITEFXACADEMY
Trend: Strong Buy
Support/Resistance:
R2: 110.295
R1: 109.718
S1: 109.049
S2: 108.803
S3: 107.787
Price action:
In this trade idea, you can see how buyers were pushing price without any swing/denial by sellers. Actually buyers break sellers, before sellers were able to handle position at level 108.803. So buyers has to maintain above first support level at 109.049, to lead price higher to next Bulls targets.
Potencial trade idea:
Bulls targets:
T1: 109.718
T2: 110.295
NOTE – We are trading USDJPY via the preferred trading setups
ELITEFXACADEMY