MAKurniawan

Update Forecast | UJ | 5 April - Yen is crushed by US NFP Data

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Here we go master !

After consolidation phase by bullish continuation triangle, UJ is highly have a potential to break this phase and re-test the hugher high 111,0. After break this resistance zone, UJ will aim to 111.71 (monthly high Mar.24 2020) and finally 112.22 (2020 high Feb.20).

As additional, DXY chart have potential back to uptrend after correction a couple days ago.

In my perspective, next week is belong to "Greenback"

Note : I have attached my previous forecast.

Keep in watch and good luck master :)


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.