USDJPY Downward wedge broken and higher low formation in progres
Updated
As you can see on the chart, the downward wedge is broken by Strong bullish candle and a higher low is in progress.
Find an entry tomorrow if higher low sustains
Rsi broke out of downtrend as well.
8 Ema is acting as strong support to form a higher low.
Targets mentioned
Please like and follow if you like the analysis.
Good luck
Find an entry tomorrow if higher low sustains
Rsi broke out of downtrend as well.
8 Ema is acting as strong support to form a higher low.
Targets mentioned
Please like and follow if you like the analysis.
Good luck
Note
As per analysis, the market went up and hit TP1 and came back down. Then It went up again and HIT TP2. Congrats to those who made some good pips out of it.
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