USDJPY : Two Scenarios
Updated
UJ took one more rally up from the daily trendline facing a potential resistant zone. Daily/Weekly trendline still holding though.
Watch for Price reaction around 114.20-115.0 (yellow area on the chart) for SHORT TRADES....
A break above the resistance zone impulsively negates the shorts and might see price completes the channel structure .
Watch for Price reaction around 114.20-115.0 (yellow area on the chart) for SHORT TRADES....
A break above the resistance zone impulsively negates the shorts and might see price completes the channel structure .
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