USDJPY New Trend
Updated
USDJPY is making new high but new low not yet to be seen.
New long setup is made based these reasons:
1- Breakout of current downtrend line.
2- USD win based on forex calendar forecast.
NFP cause high volatility. SL may easily hit during yo-yo.
We are on our own risk.
Thanks.
New long setup is made based these reasons:
1- Breakout of current downtrend line.
2- USD win based on forex calendar forecast.
NFP cause high volatility. SL may easily hit during yo-yo.
We are on our own risk.
Thanks.
Order cancelled
USDJPY extend the retracement. Now almost reach the support trendline and reached 109.187 level. A potential reversal may occur. Wait for nice setup. I'm looking for hammer or engulfing for new setup.
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