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ForecastCity
Jan 6, 2021 10:06 PM

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

U.S. Dollar/Japanese YenFXCM

Description

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Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (102.75). 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 50.

Take Profits:
TP1= @ 103.45
TP2= @ 103.60
TP3= @ 103.90

SL= Break below S2

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Trade well, ❀️
ForecastCity English Support Team ❀️
Comments
carefulOwl22772
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We have a similar vision here! Upvoted!
ForecastCity
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@carefulOwl22772, Thanks for your comment
Kristalyn
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I love the idea, as usual great detailed and helpful.
ForecastCity
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@Kristalyn, We're happy you loved it.
Josef_anderson
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You had anticipated the direction so right. I should always keep an eye on your ideas.
ForecastCity
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@Josef_anderson, Thanks. We appreciate your support.
Best_Forecast
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Thanks Forecast city. how many ideas do you publish everyday?
ForecastCity
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@Best_Forecast, πŸ“ŒForecastCity's Services includes:

"Weekly Forecast" for 36 Forex Pairs (published through the website)
"Weekly Forecast" for 34 CryptoCurrency (published through the website)
"Weekly Forecast" for "Gold," "Silver," "Brent oil," "WTI," "Natural Gas" (published through the website)

"Daily Trading Opportunity" (DTO) for 28 Forex Pairs (published through the website)

"Intraday Forecast" for 9 Forex Pairs (published through the website & ForecastCity Intraday Indicator Β©)
Best_Forecast
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@ForecastCity, Thanks for responding. I mean how many ideas do you publish on trading view?
ForecastCity
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@Best_Forecast, We publish 4-5 free ideas everyday.
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