USDJPY for long
Last week unemployment claim decreased.
This weeks forecast also shows that there might be less result than the previous and forecast which will be in our favour to trade with USD.
he currency strength meter showing weak JPY and USD at neutral state, the USD have better chances to rise if the news comes in the favour of USD.
The technical analysis shows us that the USD has crossed the previous supply zone and is forming consolidation which means possible breakout.
The previous low that made the high point retraced to fib level at 0.6 showing the area of confluences
This weeks forecast also shows that there might be less result than the previous and forecast which will be in our favour to trade with USD.
he currency strength meter showing weak JPY and USD at neutral state, the USD have better chances to rise if the news comes in the favour of USD.
The technical analysis shows us that the USD has crossed the previous supply zone and is forming consolidation which means possible breakout.
The previous low that made the high point retraced to fib level at 0.6 showing the area of confluences
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.