Get started
Mihai_Iacob

UsdJpy in strong resistance

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Mihai_Iacob  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpyshort usdjpyanalysis
5
0
trendanalysis chartpattern indicator usdjpy usdjpyshort usdjpyanalysis
As we've spoken yesterday, a break of consolidation and 110 resistance could accelerate gains towards 112 resistance.
This happened more violently that I expected, but still...
Now the pair is in a STRONG resistance and in need of correction.
A sell at 112 could have a great R:R ratio if the pair drop to the next support level of 110.70
🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai

Related Ideas

Mihai_Iacob
EurJpy ready to roll back?
Mihai_Iacob
UsdJpy outlook
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.