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DollarYenQueen
Aug 28, 2023 3:27 AM

USDJPY Short-Term Buy Long

U.S. Dollar/Japanese YenFXCM

Description

Expecting USDJPY to go into a short-term buy based on current chart indicators and DXY upward movement.

I have based my chart off the last time USDJPY saw current price points in November 2022. If the pairing cannot top price 146.600 we could see some deep retracement from here.

Buy Entry: 146.620
Targets: 146.800 | 146.940 | 147.100 | 147.250
Resistance: 147.510

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Comment

Targets up to 147.250 reached.
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