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USDJPY: Important Structure to Watch 🇺🇸🇯🇵
U.S. Dollar / Japanese Yen
Short
USDJPY: Important Structure to Watch 🇺🇸🇯🇵
By VasilyTrader
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Jan 2, 2023
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Jan 2, 2023
USDJPY is approaching 130.38 - 131.1 key daily structure support.
Taking into consideration, that the pair is very bearish at the moment,
I am patiently waiting for a breakout of that structure.
Wait for a daily candle close below the underlined area, then sell aggressively or on a retest.
A bearish continuation will be expected to 127.0 then
I will post an update once I spot a valid breakout.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
dollar
Elliott Wave
Forex
Supply and Demand
Support and Resistance
Technical Analysis
trading
USD
USDJPY
DJ FXCM Index
VasilyTrader
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