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Snick3rSD
Aug 8, 2023 7:47 PM

USDJPY - Long from bullish order block ✅ Long

U.S. Dollar/Japanese YenFXCM

Description

Hello traders!
‼️ This is my perspective on USDJPY.

Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to make a retracement to fill the imbalance lower and then to reject from 1H bullish order block + institutional big figure 141.000.

Fundamental analysis: On Thursday will be released monthly and yearly CPI in USA, if the result is positive it will support our analysis.

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