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DayTrade-EA

is it a time to buy USDJPY ??

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
DayTrade-EA  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Price is retesting previous lows , from where we can expect potential bounce , in any case price is trading in downtrend , but a long trade with stop below current lows can provide risky but good opportunity with nice RR

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Comments

jamemadisonn
Can't quite say, Currently USD is the weakest currency .. while JPY is the stronger. Possible Break support.
Reply
DayTrade-EA jamemadisonn
@jamemadisonn, ur absolutely correct as pair is also in downtrend ... but we might see some friday profit taking which may push price higher in very short term . .. lets see.... thanks for ur views..
+1 Reply
jamemadisonn DayTrade-EA
@DayTrade-EA, yeah I agree with you. dang friday. let's see
Reply
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