USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are still overall bullish on UJ but we are currently consolidating near 145.000 resistance.
The most likely scenario is a break of 145.000 with a bullish continuation.
Trade scenario 2: If UJ reverses at 145.000 and breaks lower, look to enter on lower highs and target down toward 142.850.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are still overall bullish on UJ but we are currently consolidating near 145.000 resistance.
The most likely scenario is a break of 145.000 with a bullish continuation.
Trade scenario 2: If UJ reverses at 145.000 and breaks lower, look to enter on lower highs and target down toward 142.850.
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.