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DollarYenQueen
Dec 28, 2022 7:59 PM

USDJPY Buy H4 Long

U.S. Dollar/Japanese YenFXCM

Description

UJ has slowly been gaining momentum since the 700-pip drop last week due to the BOJ Monetary Policy announcement. The pairing finally saw a strong directional bias today after ranging between small resistance and support price points.

The 4 hour chart seems to be showing a bullish bias. Expecting the price to continue to push up, even if slowly.

Entry: 134.500
Targets: 134.750 | 135.000 | 135.230 | 135.450 | 135.600
Resistance: 135.740
Support: 132.450

Be sure to like this post and let me know what you think in the comments below!
Comments
UnknownUnicorn493766
look's like it should go higher
InvestMate
We are currently at a strong support zone, I believe there is a higher probability for continued growth
DemoDiaryFX_Trading
Hey, great work, but what do you think about it?
ProSignalsFx
Thx!
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