xxxJPY pairs have been very bullish recently.
USDJPY especially has been very bullish due to immense Yen weakness and the strength of the US Dollar as DXY broke above a pretty important Daily TF Resistance zone.
As a result, I will be opening a buy position if price decides to beat the previous day's high. Risk to Reward ration on this EURJPY trade will be 1.25 as shown above.
USDJPY especially has been very bullish due to immense Yen weakness and the strength of the US Dollar as DXY broke above a pretty important Daily TF Resistance zone.
As a result, I will be opening a buy position if price decides to beat the previous day's high. Risk to Reward ration on this EURJPY trade will be 1.25 as shown above.