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USDJPY - Full Analysis Breakdown
U.S. Dollar / Japanese Yen
USDJPY - Full Analysis Breakdown
By AlphaTrading-Group
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Sep 1, 2020
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Sep 1, 2020
After applying more analysis over the chart we can begin to see what setups we can plan for.
I will be looking to short the pair from the 4hr resistance marked out in the chart.
The higher timeframes are suggesting more bearish movement, that along with a weak USD should drive the market to meet the low on our chart.
I will be looking to pull the trigger at the high and ride the trade to break August monthly low.
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