Murodjon

Important Structure Level

Short
Murodjon Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Price came to previous structure 112.800 - 112.660
Watch closely for price action to short USD
Coming week, FED will announce Interest Rate decision
Unchanged rate will not increase the interest for USD
Therefore we can sell USD at 112.800 - 112.660
Target1: 111.950
Target2: 111.300
Target3: 110.500
SL: 112.970
Comment:
Tomorrow Fed increses Inters Rate decision. Watch for any pullbacks today, to enter before big momentum comes

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.