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UGTraders
Aug 16, 2019 1:44 AM

USDJPY - Resistance level! 

U.S. Dollar/Japanese YenFXCM

Description

USDJPY stands in front of very important resistance level that would be great opportunity if market penetrated it.


At short-term basis 15m, the price could have minor corrections/consolidation beneath it, then if market penetrated it, long the market and target above resistances.


Of course as alternative scenario is going below the trendline after distributing :



Good luck, and to be updated....

Comment

If prices broke the trendline at any moment, we will turn into the alternative scenario :
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