USDJPY market after a long extension of bullish momentum market printed reversal/rejection from strong resistance level 114.58-115.00.
Market may do corrections as it is facing a good reversal zone. Is it against the trend so we cant expect a big or continues fall but correction is expected in the area 115 to 113. stop above the resistance level.
Disclaimer:
Any comment is not a trading recommendation or investment advice but a thought shared by author who is not professionally certified or regulated to provide market research, analysis or investment advice. Author cannot be hold responsible for any loss occurs because of his comments. Manage your own risk.
Market may do corrections as it is facing a good reversal zone. Is it against the trend so we cant expect a big or continues fall but correction is expected in the area 115 to 113. stop above the resistance level.
Disclaimer:
Any comment is not a trading recommendation or investment advice but a thought shared by author who is not professionally certified or regulated to provide market research, analysis or investment advice. Author cannot be hold responsible for any loss occurs because of his comments. Manage your own risk.
Trade closed: target reached:
Ist target hitted.