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Paccinho
Sep 2, 2016 2:40 PM

IS USD/JPY GOING TO DO THE SAME AS 2 MONTHS AGO??  

U.S. Dollar/Japanese YenFXCM

Description

STRONG SUPPORT/RESISTANCE LEVEL AROUND 104.170 ON USD/JPY COULD POTENTIALLY SET UP THE SAME SCENARIO LIKE 2 MONTHS AGO. IF THE RESISTANCE WILL BE VIOLATED AND BECOMES A SUPPORT LATER ON BY BOUNCING BACK TO THE UPSIDE i WILL BE LOOKING TO BUY ON THAT SUPPORT LEVEL AND SHOOT FOR THE PREVIOUS HIGHS.

GUYS THIS IS JUST AN IDEA WHAT THE MARKET COULD DO, CLEAR PRICE ACTION. I BELIEVE THOUGH THIS COULD BE A GREAT TRADE WHAT DO YOU THINK?

TRADE AT YOUR OWN RISK!

Comment

2 POTENTIAL TRADES .

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