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Nov 21, 2021 11:29 PM

USDJPY 4hour Analysis November 21st, 2021 

U.S. Dollar/Japanese YenFXCM

Description

USDJPY Neutral Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish

Trade scenario 1: Looking like we’re back within the 4hour range here on UJ. The most likely scenario is that price action will continue to play the range.

Trade scenario 2: For us to consider UJ bullish again we need to see a higher low above 114.150.
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