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ForecastCity
Oct 29, 2020 3:34 PM

πŸ’‘Don't miss the great buy opportunity in USDJPYΒ Long

U.S. Dollar/Japanese YenFXCM

Description

β‹…
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (104.20).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 64.

Take Profits:
TP1= @ 104.67
TP2= @ 104.80
TP3= @ 105.05
TP4= @ 105.28
TP5= @ 105.74

SL= Break below S2

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Comments
Pro_Trader_007
β‹…
Incredible TA, thank you for sharing such great forecast. :)
ForecastCity
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@Pro_Trader_007, You're welcome!

We're glad you liked it. πŸ’ŽπŸ™πŸ’Ž
Nuth
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thank you for sharing ❀
ForecastCity
β‹…
@Nuth, You're welcome!
Forecast_Crypto
β‹…
AWESOME ANALYSIS!

Thank You for sharing! ❀️
ForecastCity
β‹…
@Forecast_Crypto, You're welcome!

We're glad you liked it. πŸ’ŽπŸ™πŸ’Ž
Best_Forecast
β‹…
Thank you for sharing this Amazing forecasts.
ForecastCity
β‹…
@Alexander_007, You're welcome! πŸ‘
Best_Forecast
β‹…
Thoughtful analysis, well done!
ForecastCity
β‹…
@Alexander_007, We're glad you liked it. πŸ’ŽπŸ™πŸ’Ž
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