Expecting USDJPY to drop due to this evening's BOJ news release and press conference. Based on the nature of the news and market indicators, there is a strong chance that the developments favor the Yen over USD. If price goes over 141.500 there is a chance for a buy.
Sell Entry: 140.000
Targets: 139.680 | 139.360 | 139.000 | 138.700 | 138.245 | 137.815 | 137.440 | 137.045 | 136.585 | 136.300
Support: 136.100
Resistance/Stop Loss: 141.500
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Sell Entry: 140.000
Targets: 139.680 | 139.360 | 139.000 | 138.700 | 138.245 | 137.815 | 137.440 | 137.045 | 136.585 | 136.300
Support: 136.100
Resistance/Stop Loss: 141.500
Be sure to follow, like, and let me know what you think in the comments below.
Trade closed manually
Stop loss reached
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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.