ALSM59

USDJPY Weekly Trade Analysis

ALSM59 Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY > 10/15-20/17 Trade Analysis
Timeframe: 1W

Shooting Star candle signals roll-over @ week's beginning.

Break and Hold below 112.00 signals to 108.00 level. Expecting these levels to be Buyers area.

Break and Hold above 112.00 can signal further rise to 115.00 level.

High volatily expected as I believe we are in the "wacky" season where up is down and down is up!

* Personal analysis only. Please use your own rules and strategies prior to entering market.

** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.



Comment:
Analysis update:

Expected average price range for remainder of October = 109.15 - 113.44
Closing price @ end of Month at or near - 110.81
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.