1409 WKP7 USDJPY might break 105 soon
Hello traders,
USDJPY is running in a very small range in the last few weeks.
But it might start to drop from now as it is still be pressured by the red arrow. That would be a new swing inside the blue downtrend channel to break 105 soon.
102-103 is support zone as the end of grand super impulse leg inside the channel.
Good luck!!!
LESS IS MORE!
USDJPY is running in a very small range in the last few weeks.
But it might start to drop from now as it is still be pressured by the red arrow. That would be a new swing inside the blue downtrend channel to break 105 soon.
102-103 is support zone as the end of grand super impulse leg inside the channel.
Good luck!!!
LESS IS MORE!
Comment:
This idea that 106.5 is hard to break is still looking good for now.
Trade closed: target reached:
Comment:
TP1 105.60 HIT ONCE WITH 50 PIPS PROFIT.
