kingsanjose2011

USDJPY - Buying for the rebound

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
After checking my monthly chart, (please view my account to see the monthly analysis)
A strong capitulation might happen for the rebound respecting RSI signaling a buy signal. Even though there is a short term sell off, you might reconsider buying on dips.
as the risk -reward ratio is now on favor on buying rather than selling.

Comment below if you agree.
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