USD/JPY – Week 21 – Aiming for a new low.
Last week, we correctly anticipated the bearish move that took place this week on USDJPY.
Next week, we expect the price to make a consolidation underneath the trendline and continue dropping, having a high chance to break the ¥107.45 low
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Next week, we expect the price to make a consolidation underneath the trendline and continue dropping, having a high chance to break the ¥107.45 low
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Trade closed: stop reached
