USDJPY 9/28
Analysis for USDJPY
- On the daily we saw price retrace to the 61.8 Fib level
- Current momentum is still bullish although it's broken past two major trendlines signaling a bearish turn
- RSI and price action will confirm the above statement
- However there are currently no setups to be seen
- ADX indicates price to be in a bullish momentum and consolidation from higher lows confirm this, seems buyers are taking a break
- Looking for possible bullish entry if price doesn't indicate any major reversals
- On the daily we saw price retrace to the 61.8 Fib level
- Current momentum is still bullish although it's broken past two major trendlines signaling a bearish turn
- RSI and price action will confirm the above statement
- However there are currently no setups to be seen
- ADX indicates price to be in a bullish momentum and consolidation from higher lows confirm this, seems buyers are taking a break
- Looking for possible bullish entry if price doesn't indicate any major reversals
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.