USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are still bullish on UJ and it looks like we will continue with this trend through the week.
Ideally, price action forms a higher low near 145.000 support with strong bullish variations to follow. Look to target higher toward our -27% fib level.
Trade scenario 2: For us to consider UJ bearish again the first move we need to see is a break back below 145.000 support.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are still bullish on UJ and it looks like we will continue with this trend through the week.
Ideally, price action forms a higher low near 145.000 support with strong bullish variations to follow. Look to target higher toward our -27% fib level.
Trade scenario 2: For us to consider UJ bearish again the first move we need to see is a break back below 145.000 support.
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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.
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.