USDJPY analysis in 1h timefrim by MACD ,resistance and support
as it can be seen main trend in usdjpy is up but enter to a downward rang and every time that down trend begin its correction got weaker and candles momentum was strong at the previous wave so we can conclude that the chart has more tend to go down .base on MADC down trend can be continue .we are now on support part so expectation is a reaction to this part then this support part break so fall begin
base on COT report asset managers enter both long and short position but the entry for short is more so we do either
R/R 1.72
base on COT report asset managers enter both long and short position but the entry for short is more so we do either
R/R 1.72
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