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RaynLim
14 dic 2019 04:55

USDJPY-Weekly Market Analysis-Dec19,Wk3 Long

U.S. Dollar/Japanese YenFXCM

Descrizione

USDJPY has performed well in an extension move off the bullish bat pattern, target1 has achieved and the crucial push depends on this week the US tariffs that are due tomorrow.

The candle that touches the previous high and fails to close above the previous high is a concern to me.

Monday market movement will determine if I'm going to keep the trade or an immediate exit of it.

Commenti
aebraheem1992
There is also a boj interest rate decision on next thursday i recommend to wait until things are clear for me i am on short trade now on 259 i hope the price drop down to 159 to take profit and exit the trade
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