The USDJPY is trading in an uptrend. It is the strongest uptrend in a while, definitely influenced by the global economic situation.
There is a resistance level, 139.4, and on the retest, the price made a false-break and consolidated under it, in the short zone.
I believe that the formation of a bearish correction in an uptrend is possible, provided that the price is able to maintain the false-breakdown pattern, the short-term target - support 136.376
Regards R. Linda!
There is a resistance level, 139.4, and on the retest, the price made a false-break and consolidated under it, in the short zone.
I believe that the formation of a bearish correction in an uptrend is possible, provided that the price is able to maintain the false-breakdown pattern, the short-term target - support 136.376
Regards R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
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.