USDJPY LONG
I believe that this needs a retracement before doing another up move which is always needed in the market.
Market also broke 4 hour previous resistance area(146.469) which is also a good sign that market can push higher onto the a higher level.
On the daily, price still has not broken its current resistance area(147.149) which could cause a retracement back to 144-145 area
Let me know what you think
Market also broke 4 hour previous resistance area(146.469) which is also a good sign that market can push higher onto the a higher level.
On the daily, price still has not broken its current resistance area(147.149) which could cause a retracement back to 144-145 area
Let me know what you think
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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.