USDJPY Upper Channel Break, Potential Bullish Engulfing on Daily
I'm bullish since last Thursday's price action after US CPI and job data.
Still holding previous longs and moved all stop loss to 119.60 below today's low.
Just added one more small position to this long with same stop loss at 119.6.
First target is 122.30 but I have not place any target limit on this trade.
Good luck trading!
Still holding previous longs and moved all stop loss to 119.60 below today's low.
Just added one more small position to this long with same stop loss at 119.6.
First target is 122.30 but I have not place any target limit on this trade.
Good luck trading!
Note
Forgot to mention that this pair is blessed by stock markets too.Note
We might see some EURJPY unwinding the coming asia session.This may give some pressure to USDJPY though.
Related publications
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.
Related publications
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.