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U.S. Dollar / Japanese Yen
Long
Updated

USDJPY 4H

247
Watching this pair closely this week as the dollar is looking bullish again.. NFP went great showing growth in the US economy, plus the technicals are showing the same.. Will be watching for a reversal pattern to the fib regions & a potential further pullback is possible. Weekly inside bar reversal pattern to 108.400 confirmed, so this pair will climb higher!
Note
snapshot Weekly inside bar pattern
Note
snapshot Price back at daily support, im not looking to trade against the yen due to the stock market plummeting, but I will see tomorrow If we get a recover with equities
Profound_Ambition
breakpullbackretestSupply and DemandSupply ZoneSupport and ResistanceTrend AnalysisUSDJPYDJ FXCM Indexyen

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breakpullbackretestSupply and DemandSupply ZoneSupport and ResistanceTrend AnalysisUSDJPYDJ FXCM Indexyen
Profound_Ambition

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.