USDJPY: Intraday Technical Update
Previous Update: tradingview.com/v/FYYt1Urc/
Summary:
- Strong bullish breakout as mentioned in my earlier daily analysis. tradingview.com/v/qxJfqj7m/
- over the nearer term, the price is showing a potential pullback signs.
- Long legged doji
-RSI is starting to lag price action
- A pullback towards 103.40-103.45 is likely
- taking the high of the long-legged doji 104.11 and closing above it would delay this pullback.
Good luck, join me @:
twitter.com/thefxchannel
thefxchannel.com
Summary:
- Strong bullish breakout as mentioned in my earlier daily analysis. tradingview.com/v/qxJfqj7m/
- over the nearer term, the price is showing a potential pullback signs.
- Long legged doji
-RSI is starting to lag price action
- A pullback towards 103.40-103.45 is likely
- taking the high of the long-legged doji 104.11 and closing above it would delay this pullback.
Good luck, join me @:
twitter.com/thefxchannel
thefxchannel.com
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