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NoPumpFakesFx
Aug 6, 2023 5:27 PM

USDJPY, Bearish, Swing trade Short

US Dollar/Japanese YenSaxo

Description

Good afternoon,

I hope everyone had a great weekend and previous trading week. Here I present a premarket forecast for UJ for this trading week. Last trading week UJ was bullish, breaking a key daily supply/demand area @142.118. Toward the end of the week, price reversed and closed below the same daily area of supply/demand @142.118.

Price rejected at a key 4hr level @141.731 with potential to retracement back to area @142.118.

If anyone has any questions, comments, concerns, or similar analysis, please share, comment, or boost.
Comments
jaidayoung
Looking great!
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