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USDJPY setting up for a breakout
U.S. Dollar / Japanese Yen
USDJPY setting up for a breakout
By mainstay
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Jan 23, 2019
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Jan 23, 2019
Looking for break and retest to either upside or downside.
The DXY index is looking weaker based on the 4h, so I could see UJ breaking the downside.
Do not buy or sell until you see the retest to either direction where the orange circle is.
this is not a recommendation to buy or sell, and is for educational purposes only
Chart Patterns
Technical Indicators
Trend Analysis
mainstay
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