Dólar Americano/Iene JaponêsViés de alta
USDJPY 4H Analysis
Price broke below the 50MA but it is still above the 200MA which gives us the understanding that it remains in an uptrend. We can see a bullish flag formation and notice also that price failed to break below the 38.20% zone for the second time.
This could mean the end of the pullback but I would like to see a little more confirmation prior entering a long position.
Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
This could mean the end of the pullback but I would like to see a little more confirmation prior entering a long position.
Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Aviso legal
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