JPYUSD LongSymbol: JPYUSD
Time Frame: Daily
Bias: Long
The instrument has reached a critical long term support level ,technically there is high probability of reverse. If market condition is not greatly influenced by fundamental factors, there is a greater possibility of mean reversion and therefore an upward move.
Jpyusdsignal
JPYUSD Short SignalTime Frame: 4 Hour
Symbol: JPYUSD
Bias: Short
Signal Info: As the trend is going down,it is customary that the trend will be continuing . By considering the oscillations and volatility ,we can expect a correction move and then the desired trade can be made with at least a 1: 2 risk reward ratio.