Bullish flag formation, looking for a potential break and retest before placing a long position. A nice bounce off the 61.8% Fibonacci level. If price sustains upwards momentum then we should have a nice long trade underway.
USD/JYP currently in an uptrend movement on the Daily Chart, price is seeing a pullback to the support trend line. Price should reject the support as previously done 3 times, and continue upwards towards my target, could see price hit 117.00 to 118.600.
I think that 0.70000 to 0.70300 is range for potential bounce off support. This could be a great long opportunity. This is my first published idea, any constructive advice would be greatly appreciated. Thanks and Good Luck!
