financialflagship

USD/JPY – Week 30 – Expecting a new ATH.

Long
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
In our previous outlook, we correctly forecasted USDJPY to gain more bearish momentum.
For next week, we expect the price to make a small correction and test the resistance area . If it breaks, we have a good chance to make a new yearly high.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

Comments

Excellent work, thanks for sharing!
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@ForexTrendline you're welcome
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Excellent breakdown, well done. 😉
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financialflagship Helical_Trades
@Helical_Trades, Many thanks!
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Loving it 👍🏼
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financialflagship T_V_TreeTrader
@T_V_TreeTrader, Thank you, happy to hear!
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