BlueberryMarkets

VIDEO ANALYSIS: USDJPY TO BREAK HIGHER?

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
In this video update, we take a look at USDJPY as price looks to be finding support at the key demand zone.
The US Stock markets also finding support shows a potential shift to a risk on market. This should see the
sell-off in JPY and a change in cycle on the 4hr timeframe. A close above 110.00 will be ideal for long
opportunities to 111.00.
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.