UnknownUnicorn483829

USDJPY Long - 61.8% retrace area for second leg higher?

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hello all - DuncanForex here with another trade idea

I am looking for some USD strength in the coming days for a small retrace higher to resistance. (The opposite to my Gold Trade)

This may go sideways for a while due to it being August and low volumes, however lets see how it plays out

Buy stops at 106.10 area

The website of the same name is now live

Thanks for looking at my trade idea

Cheers Duncan

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.