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USDJPY 4hour Analysis January 30th, 2022

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Bullish Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish

Trade scenario 1: We are finally looking good here on UJ. Price action is close to forming a buy opportunity if we can confirm a higher low above 115.000.

Trade scenario 2: If price action fails to push higher, look for a break below 115.000 with a lower high below.

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