USDJPY to Test Support Zone
1. Price is heading down to support zone between 107.42 & 107.31.
2. Price expected to bounce off this support zone and heading to resistance zone of 108.095.
2. Price expected to bounce off this support zone and heading to resistance zone of 108.095.
Nota
1. Price bounced off support zone successfully.2. Price pulled back currently after bouncing off support, short term retracement.
Trade fechado: stop atingido
Stop reached at 107.620 due to volatility during FOMC member speaks and Fed's Powell says economic forecasts filled with uncertainty.Nota
Price is consolidating & moving sideways between 107.766 & 107.619.Consumer confidence and new home sales are scheduled for release on Friday. Home sales should be subdued, but a nice uptick in confidence for May could drive USD/JPY above 108.
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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.