U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - Bullish price action ✅

392
Hello traders!
‼️ This is my perspective on USDJPY.

Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block.

Fundamental analysis: On Thursday will be released quarterly GDP in USA, if the actual is higher than forecasted it means strength of USD.

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On profit 1R

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