USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are still steady bullish on UJ. This is not ideal but nothing is suggesting a bearish trend just yet.
The most likely scenario for this week is that UJ will keep rallying.
Trade scenario 2: For us to consider UJ bearish we first need to see a lower high below 127.700 support. Look to target lower toward 125.000 support if this happens.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are still steady bullish on UJ. This is not ideal but nothing is suggesting a bearish trend just yet.
The most likely scenario for this week is that UJ will keep rallying.
Trade scenario 2: For us to consider UJ bearish we first need to see a lower high below 127.700 support. Look to target lower toward 125.000 support if this happens.
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.
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.