[USDJPY] CONSOLIDATION?

INTRADAY ANALYSIS

MONTHLY ANALYSIS

Thank you for your support and trade with care!

Comment:

Trade active

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Target area is around 111.60, and if the market wants to complete the swing, this should be reached today, or at the most, during the next Asian session. For this trade, the timing is very important indeed. We follow the trend (we are not harmonic traders), then follow the first rule of technical analysis: "cut the losses and let profits run", then .... stop in BE!

Thank you for your support and trade with care!

Comment:

Comment:

30 min to:

- Household Spending (MoM) (Oct)
- Household Spending (YoY) (Oct)
- Jobs/applications ratio (Oct)
- Unemployment Rate (Oct)
- Retail Sales (YoY) (Oct)

Trade closed: target reached:

TARGET 1 HIT! (120 PIPS)