This is pre-market analysis for this week.
After breaking out of the downtrend channel, USDJPY had a significant push up. I believe market moves from one key zone to another as highlighted in blue on my chart. There is a resistance at the current key level, if market breaks rhe current key i expect more uptrend, in the mean time, there would be a small correction.
What do you think? like and comment below
After breaking out of the downtrend channel, USDJPY had a significant push up. I believe market moves from one key zone to another as highlighted in blue on my chart. There is a resistance at the current key level, if market breaks rhe current key i expect more uptrend, in the mean time, there would be a small correction.
What do you think? like and comment below
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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.