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Pika7993
Jan 22, 2021 6:43 AM

Buy analysis Long

U.S. Dollar/Japanese YenFXCM

Description

Finding strong pivot with high buyer volume off 103.400 triggering buyers sentiment.

Based on MACD/SIGNAL crossing 0 line I for momentum increase I expect a retest of 104.100. Expect potential pullback as at 103.800 and 104.000. RSI is heading for overbought zone.

DXY analysis attached for better sentiment.

Please comment with thoughts and ideas. Thank you.
Comments
abel11
Quality analysis
Pika7993
@abel11 Thank you!
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