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TimeWaveTrading
Dec 9, 2022 9:35 AM

USDJPY update 

U.S. Dollar/Japanese YenFXCM

Description

USDJPY may rebound from the daily demand zone after the first 4-hour uptrend ends, followed by a second 4-hour uptrend. If so, there will be a daily bullish pattern reaching the weekly supply zone next week.
Then, it seems that it will decide whether to ride the weekly downtrend or whether the daily uptrend will continue again.

Trade active

The second rise has begun.
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