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TraderNeoh
Jan 19, 2021 2:24 AM

USDJPY Trade Idea 

USD/JPYOANDA

Description

In yesterday's forecast, I expected UJ to hold above the 103.700 support zone showing buyers' strength, which was exactly what the market performed. Today's setup will remain similar, wait for a clear break of the current exhaustion pattern on UJ with 104.700 & 105.550 resistance zones as targets. However, do pay attention to the 104.291 resistance level, and do not forget the overall trend on the higher timeframe remains bullish.

Trade safe.

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Comment

Previous analysis

Comments
InkyGrip
i look for a similar trade, keep it up!
View4U


Break Out Above Megaphone 📣
TraderNeoh
@View4U, Cheers.
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