USDJPY and DXY depend on each other. As we see in chart,
- DXY went out of the chanel
- USDJPY is in the triangle now
So, I hope that DXY will retest the the top edge of the chanel and go up from there. With that movement of DXY, I hope USDJPY wil go down to the bottom edge of the triangle and go up from there. Always wait for price action to comfirm the movement before entry!
Best regards,
- DXY went out of the chanel
- USDJPY is in the triangle now
So, I hope that DXY will retest the the top edge of the chanel and go up from there. With that movement of DXY, I hope USDJPY wil go down to the bottom edge of the triangle and go up from there. Always wait for price action to comfirm the movement before entry!
Best regards,
Trade closed: stop reached