Hello, the USDJPY is moving toward important weekly support 101.00 in the triangle. And if the support breaks, we would see heavy descending USDJPY toward 95.00 area.
Alternative scenario: the price could pullback to 101.00 then move up to 118.70 and 124.00 resistance.
Alternative scenario: the price could pullback to 101.00 then move up to 118.70 and 124.00 resistance.
Trade active:
the price is Rallying
we are on the BUY side now
longing it to 124
we are on the BUY side now
longing it to 124