USDJPY Consolidating at CRUCIAL SUPPORT: Potential BUY

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is consolidating at the Support area for the last few days. So, it would be interesting to see if USDJPY manages to stage a comeback this week. Like with any other JPY pairs, the main driver is going to be the Global Risk Sentiment. I expect risk sentiment to get a little better this week because of the recent trade deals with Mexico.
Besides, recent Dollar sell-off on account of Rate Cut related assumptions which are a bit overdone in my opinion.
So, depending on BULLISH PRICE ACTION in the support area , traders can look for BUYs at 108 with SL below 107.70.
TPs can be set at 109 and 110 respectively.

COPY MY Trades :
Thanks for sharing your idea. Would you please take a look at ours? Here :
Nice idea, check mine out
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out