USDJPY failed attempts to be break the strong downtrend and is heading towards the next support zone at $1.46 (TARGET 1).
There, we may get an attempt at a pullback before potentially heading even lower towards the next major support (TARGET 2).
Let's see how USDJPY reacts off target 1 first - will update once we reach this level.
There, we may get an attempt at a pullback before potentially heading even lower towards the next major support (TARGET 2).
Let's see how USDJPY reacts off target 1 first - will update once we reach this level.
Trade active
Took some profits at 67 pips in at the reverse as the US Dollar was gaining strength and we had rejection candles. See the new update for USDJPY! Trade closed manually
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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.