USDJPY is based below downtrendline
Price is rejected from key level at 105.10
and SMA 100 on H1 frame
MACD shows weakness in bullish momentum
RSI reached overbought region
It's expected to target support level at 101.19
Price is rejected from key level at 105.10
and SMA 100 on H1 frame
MACD shows weakness in bullish momentum
RSI reached overbought region
It's expected to target support level at 101.19
Trade active
Hit Take Profit (1) +50 pipsNote
Hit Take Profit (1) +50 pips
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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.