USDJPY Buy
Hello and Happy New Year to everyone!
UJ is due for some correction, and I expect to see a nice push upwards after steadily dropping from price 134.400 since last week. Moving Average indicators are signaling a nice movement up from here as shown.
If the pairing does break into a buy, I am expecting a bit of retracement around 132.600 area to eventually finish back up to the resistance target.
Buy Entry: 131.275
Targets: 131.500 | 131.800 | 132.000 | 132.330 | 132.675 | 132.915 | 133.230 | 133.400
Resistance: 133.600
Be sure to like this post and let me know what you think in the comments below.
UJ is due for some correction, and I expect to see a nice push upwards after steadily dropping from price 134.400 since last week. Moving Average indicators are signaling a nice movement up from here as shown.
If the pairing does break into a buy, I am expecting a bit of retracement around 132.600 area to eventually finish back up to the resistance target.
Buy Entry: 131.275
Targets: 131.500 | 131.800 | 132.000 | 132.330 | 132.675 | 132.915 | 133.230 | 133.400
Resistance: 133.600
Be sure to like this post and let me know what you think in the comments below.
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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.