USDJPY Daily Time Frame
The range on USDJPY is narrowing.
Aso the Stoch RSI is making a nice bullish crossover.
As you can see the range shows a bit more room
to the down side possible, but I doubt that it will
go down alot.
My advice:
- Buy the Dips
- If you have the equity start with a small buy position
and be ready to add more every 80 pips
The range on USDJPY is narrowing.
Aso the Stoch RSI is making a nice bullish crossover.
As you can see the range shows a bit more room
to the down side possible, but I doubt that it will
go down alot.
My advice:
- Buy the Dips
- If you have the equity start with a small buy position
and be ready to add more every 80 pips
Comment:
So far it's up a bit today while the dollar got weaker against other pairs. I still remain with my advice to buy the dips. A break at 109.20 is also a nice entry to buy this pair.