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Austinet24
Mar 6, 2024 3:27 PM
BEARISH USDJPY SELLING PRESSURE
Short
FX:USDJPY
60
U.S. Dollar/Japanese Yen
FXCM
Description
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Mar 6, 2024 3:27 PM
The Pair had a major Resistance at 150.45 then enter into consolidation at 149.50 price range now with a major break below 149.20
We are Targeting 148.20 SELL @ CURRENT PRICE 149.30
Trend Analysis
Chart Patterns
Technical Indicators
Comments
TheFxAce
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Mar 7, 2024 1:56 PM
Based on your analysis, being bearish and selling seems like a smart strategy.
Austinet24
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Mar 9, 2024 11:11 PM
@TheFxAce
Oh yes.
JoeChampion
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Mar 7, 2024 3:45 AM
a nice target should be 148.500, since there is a strong possibility of rejection that area because it's combining both a strong support and a major uptrend!
Austinet24
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Mar 9, 2024 11:10 PM
@JoeChampion
Awesome, the Target can be lower
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