UsdJpy Between Long & Short Consolidation
As we can see UsdJpy is consolidating between strong support and resistance.
we wait for the breakout on support or resistance and clear trend to enter for now its not a good idea to enter long or short.
we have seen Doji on a daily timeframe which was a strong signal of a trend reversal to bearish and we did see 2 days of bearish momentum but still, we are on important levels right now.
what do you think? what are your ideas? share with us your thoughts.
we wait for the breakout on support or resistance and clear trend to enter for now its not a good idea to enter long or short.
we have seen Doji on a daily timeframe which was a strong signal of a trend reversal to bearish and we did see 2 days of bearish momentum but still, we are on important levels right now.
what do you think? what are your ideas? share with us your thoughts.
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