USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are looking bullish on UJ as we approach major resistance around 145.000.
If we are to consider trades we need to see a significant higher low above 142.850 then we can target higher. If not, we will have to wait for reactions around 145.000
Trade scenario 2: For us to consider UJ ready for shorts we would need to see a lower high below 142.850 support.
Look to target lower toward 140.000 support.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are looking bullish on UJ as we approach major resistance around 145.000.
If we are to consider trades we need to see a significant higher low above 142.850 then we can target higher. If not, we will have to wait for reactions around 145.000
Trade scenario 2: For us to consider UJ ready for shorts we would need to see a lower high below 142.850 support.
Look to target lower toward 140.000 support.
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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.