Get started
InvestingScope

USDJPY: Buy on pull back opportunity. Golden Cross emerging.

Long
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
InvestingScope  
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY Forex USD jpy DJ FXCM Index dollar japaneseyen Currencies currency
23
0
trendanalysis chartpattern indicator usdjpy forex usd jpy usdollar dollar japaneseyen currencies currency
The pair has formed a standard Channel Up on the 1H chart (RSI = 373.336, MACD = 0.620, ADX = 50.781, Highs/Lows = 1.0500) and is close to making a new Higher High within the 107.750 - 108.550 zone. As the Golden Cross is emerging, we are expecting an even stronger rise around 105.00 towards the 109.200 - 109.650 zone.

Previous successful trade on USDJPY:

USDJPY: 1D Channel Up. Update on our long position.



** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.
Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
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.