U.S. Dollar / Japanese YenUpdated USDJPY Swing Analysis (Neutral)
Simple swing trade idea.
Current trend UP.
=================
1) Price respectively bouncing up on both EMA.
2) 118.171 are weekly previous support, now became resistance. Price seem rejecting on that price.
3) Trade only when price break HL , retrace and continue to break down HL.(114.676)
Trade with your own risk.
Happy trading.
Regard,
Insane_Trader
Current trend UP.
=================
1) Price respectively bouncing up on both EMA.
2) 118.171 are weekly previous support, now became resistance. Price seem rejecting on that price.
3) Trade only when price break HL , retrace and continue to break down HL.(114.676)
Trade with your own risk.
Happy trading.
Regard,
Insane_Trader
Note
Price is heading to near HL again, will it break?
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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.