MaxProfHacker

USDJPY | Get ready to buy | Buy Opportunity

Long
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of USDJPY , I think we are going to see an upward movement. Now price is staying near a support as well as a demand area, which would help the price to get pass the above resistance areas move towards 113.890; which is a supply area. From there we could expect a sell. If you are going to go long now, make sure to place the stop below the previous support area .

What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.

Good Luck!

Disclaimer!
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