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Snick3rSD
May 30, 2023 2:22 PM

USDJPY - Long from discount zone ✅ Long

U.S. Dollar/Japanese YenFXCM

Description

Hello traders!
‼️ This is my perspective on USDJPY.

Technical analysis: Here we are in a bullish market structure from 4H perspective, so I am looking for longs from discount zone. My point of interest for long position is if price makes a retracement to fill the imbalance lower and then to reject from bullish order block.

Fundamental analysis: This week on Friday we have news on USD, will be released monthly NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.

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