USDJPY Trade Idea
UJ has been bouncing back on forth between the 108.38 - 109.25 S&R zones proceeding its range bound condition. In today's trading session, I will be focusing on short-term selling opportunities. Two scenarios that I am looking at
1. If UJ again bounce back towards the 109.25 resistance zone, I will be looking for some range setup with 108.90 minor support zone as the initial target
2. If I notice a clear break below the 108.85 minor support zone, will be looking for potential break & re-test setup with 108.38 support zone as the target.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
1. If UJ again bounce back towards the 109.25 resistance zone, I will be looking for some range setup with 108.90 minor support zone as the initial target
2. If I notice a clear break below the 108.85 minor support zone, will be looking for potential break & re-test setup with 108.38 support zone as the target.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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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.