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BitonGroup
Apr 7, 2021 8:47 PM

USDJPY Movement Prediction 08/04/2021 

U.S. Dollar/Japanese YenFXCM

Description

there exist a Bearish Divergence with MACD which may dictate some price correction and retracement
we may have Price Bunce from any Fibonacci retracement level and it can result it a higher highs

Comment

it is going on the exact prediction lines

Trade active

we can long it now

Trade closed: target reached

Perfectly Retraced to the expected level and then our Buy Limit order Got Activated and we have achieved both of our specified Longing Targets
Comments
hhauzademann
Oou so in conclusion to what you have identified this is not only short term selling and long term buying, The USD\JPY is also coming to touch an overall trend\support key area near the FIC golden zone

Smart I like it:)
BitonGroup
@hhauzademann, yeaa that is exactly we have Predicted and you described it very well.

thanks for your nice observation and perfect understanding of this analysis
hhauzademann
@BitonGroup, i get you :)
BitonGroup
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