USD/JPY (Market Update):
Our overall trend is a up-trend. Currently we are in a -Pull-back-. We currently have no entry confirmation as of right now for either a BUY/SELL.
BUY: We want to see if price can close -ABOVE- our Minor Line (doted line). We can -maybe- see a rejection on our 38.2% or our Trend-Line. Potential target being a Minor Resistance (Not shown above).
SELL: If price closes -BELOW- our major trend-line we can be looking for a -SELL- to the downside. With a potential T/P being around 112.130 (Minor Support).
*This is a Market Update NOT a signal. For analysis on a specific pair please send us a message or email us at TheForexClubFX@gmail.com. As well as information of our Advance Training.
Our overall trend is a up-trend. Currently we are in a -Pull-back-. We currently have no entry confirmation as of right now for either a BUY/SELL.
BUY: We want to see if price can close -ABOVE- our Minor Line (doted line). We can -maybe- see a rejection on our 38.2% or our Trend-Line. Potential target being a Minor Resistance (Not shown above).
SELL: If price closes -BELOW- our major trend-line we can be looking for a -SELL- to the downside. With a potential T/P being around 112.130 (Minor Support).
*This is a Market Update NOT a signal. For analysis on a specific pair please send us a message or email us at TheForexClubFX@gmail.com. As well as information of our Advance Training.