Snehath
Long

USDJPY reversal coming up at 106 zone

FX:USDJPY   U.S. Dollar/Japanese Yen
There is good structure to go long on USDJPY             . If you look at the weekly chart, it signals there is a double bottom in the making. The smaller bat pattern gives me confidence to go long on this pair.
jdforex75
5 months ago
Hello sir
There is a possibility of JPY pairs trending downwards this week, so price might test the demand levels at 106.00 and 105.50. After that it could head North again????
Reply
Snehath jdforex75
5 months ago
Hi, yes it is possible but I am looking for a reaction first before placing the trade.
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