USDJPY bullish by Ichimoku
Comment:
USDJPY Daily timeframe is showing bullish momentum as per Ichimoku analysis.
Ichimoku Trend Analysis:
- Kumo (Senko span A) is up
- Kijun sen is up
- Tenkan sen is up
- Chiko span above candles
Next Scenario:
Market could reverse at 114.70 level as this is the previous resistance level from Nov 2017. Once it breaks that level, the next target is at 115.50 level.
USDJPY Daily timeframe is showing bullish momentum as per Ichimoku analysis.
Ichimoku Trend Analysis:
- Kumo (Senko span A) is up
- Kijun sen is up
- Tenkan sen is up
- Chiko span above candles
Next Scenario:
Market could reverse at 114.70 level as this is the previous resistance level from Nov 2017. Once it breaks that level, the next target is at 115.50 level.
Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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