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.
i was waiting for this analysis ...
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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