USDJPY, Potential Long Entry, with caution

FX:USDJPY   U.S. Dollar / Japanese Yen
50 0 4

Short term price action bearish . Potential this week for a long entry set up. Long entry invalid with close below 105.54.

At support. Favorable R/R.

There is potential for higher vol before & after Wednesday Fed & BOJ meetings. It also could be an uneventful week. "Risk off" trade and USD data has pushed lower. Potential vol before meetings in anticipation and following Fed's forward guidance. There also could be little movement following meeting because the Fed says nothing of value and BOJ is passive.

I have no trade as of yet. I'm looking for a better entry point. We could get a double bottom .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out