SuperSignalFX
Short

USDJPY - Weekly resistance in approah. Clear, clean and simple

FX:USDJPY   U.S. Dollar / Japanese Yen
Hi guys, USDJPY             is bullish since end of march and a reaction at 104.70. Now we are near 111.50 which is a weekly resistance zone .
A short could be interesting if price hits the trendline resistance. For swing traders it could be an amazing opportunity to make hundred of pips with much patience, discipline and self-control.
In case of reaction. A final target would be somewhere on the support trendline that you can see on the chart but many intermediate TPs can be seen on the way down.
Comment:
i was waiting for this analysis ...
+1 Reply
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