Hey traders, in today's trading session we are monitoring NZDJPY for a buying opportunity around 77.282 zone, Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Here is my Multiple TimeFrame Analysis of USDJPY. If you think otherwise feel free to comment/post your anaylsis. Please Comment, Like, or Follow.
Monthly/Weekly
-Price has been in an uptrend for 3 consecutive months.
-Price then made a pullback and tested/respected the 38.2 fib level.
-The next month price formed sort of a bullish pin bar, showing that price...
I posted an analysis of AUDJPY recently, stating that I had an overall (long-term) bearish bias but a buy opportunity was present. Check out the previous analysis below.
Before:
