TradingFanatic

USD/GPY Predictions

FX:USDJPY   U.S. Dollar / Japanese Yen
Waiting to see the reaction when it touch the support line (109.900). Expecting it to bounce from there.
Comment:
Headed to the resistance zone. The orange arrows scenario will happen more probably. After it touches or gets into the resistance zone, a short position is appropriate.

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.