Currency pairs to watch at beginning of the Forex-Week
Hi Traders
For the start of the week I would watch USDJPY. The region around 109 did act as resistance a couple of times ago (The picture shows just 1 resistance but when you go back in time, you will see turned short from there a couple of times). The last 8 houers before the weekend looked like this will be the same this time. As the Hitman indicator did not show a Bear-Sign I would wait for it to come. This will be my final confirmation to go short.
For the start of the week I would watch USDJPY. The region around 109 did act as resistance a couple of times ago (The picture shows just 1 resistance but when you go back in time, you will see turned short from there a couple of times). The last 8 houers before the weekend looked like this will be the same this time. As the Hitman indicator did not show a Bear-Sign I would wait for it to come. This will be my final confirmation to go short.