USDJPY has been in serious bullish trend, thanks to Dollar Index (DXY) and Japanese Index (JXY)
The price has hit the 20 year high on 129 level and we a cool down indication from the bulls. Currently price is taking good support from the fib 23.6% level and a bullish engulfer is in making.
With said bullish points, one can continue its long position with managed stoploss.
The price has hit the 20 year high on 129 level and we a cool down indication from the bulls. Currently price is taking good support from the fib 23.6% level and a bullish engulfer is in making.
With said bullish points, one can continue its long position with managed stoploss.
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