Hey, Traders!
This forecast takes into consideration of the fundamentals of USD and JPY. More info in bio!
Here's our USDJPY forecast:
Daily structure is still bullish however, H4 is looking to be bearish for the time being.
To initiate long, we will be waiting for H4 to form a significant resistance and then break it for H4 to flip back bullish.
Immediate target would be 139 to retest the high but 140 is probable as well.
Let's capitalize off this move!
This forecast takes into consideration of the fundamentals of USD and JPY. More info in bio!
Here's our USDJPY forecast:
Daily structure is still bullish however, H4 is looking to be bearish for the time being.
To initiate long, we will be waiting for H4 to form a significant resistance and then break it for H4 to flip back bullish.
Immediate target would be 139 to retest the high but 140 is probable as well.
Let's capitalize off this move!
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.
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.