USDJPY: Your Trading Plan For Next Week 🇺🇸🇯🇵
https://www.tradingview.com/x/TRZ73cJu/
USDJPY is currently accumulating within a narrow horizontal range on a daily.
It looks like the market participants are waiting for some important fundamental data
next week to decide where to push the prices.
I see 2 potential scenarios.
Bullish
151.70 - 152.00 is a key horizontal resistance.
Its bullish breakout - a daily candle close above, will be a strong bullish signal.
A bullish continuation will be anticipated at least to 153.0 level then.
Bearish
150.8 - 151.3 is the support of a daily range.
Its bearish breakout - a daily candle close below, will be a perfect signal to short.
The first goal for the sellers will be 150.3 support.
Wait for a breakout, it will give you a strong confirmation.
❤️Please, support my work with like, thank you!❤️
USDJPY is currently accumulating within a narrow horizontal range on a daily.
It looks like the market participants are waiting for some important fundamental data
next week to decide where to push the prices.
I see 2 potential scenarios.
Bullish
151.70 - 152.00 is a key horizontal resistance.
Its bullish breakout - a daily candle close above, will be a strong bullish signal.
A bullish continuation will be anticipated at least to 153.0 level then.
Bearish
150.8 - 151.3 is the support of a daily range.
Its bearish breakout - a daily candle close below, will be a perfect signal to short.
The first goal for the sellers will be 150.3 support.
Wait for a breakout, it will give you a strong confirmation.
❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.