fdeltenr

USDJPY : moderate buy

Long
fdeltenr Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
6
USD JPY has broken its major hourly ascending support yesterday. The price tries now to rebound on its descending support. Pattern matching algorithms are more in favor of bullish scenarios (in green) in case the descending support is broken there is still an important horizontal support that can block the sellers (dotted red)
Trade closed manually:
Second scenario has been realized :-)

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.