Snick3rSD

USDJPY - Expect retracement ✅

Long
FX:USDJPY   Dollaro / Yen giapponese
Hello traders!
‼️ This is my perspective on USDJPY.

Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from premium zone. For now I expect price to continue the retracement to fill the imbalances lower and then to reject from bullish order block + institutional big figure 134.000.

Fundamental analysis: Tomorrow will be released Interest Rate in USA which is expected to increase, as well FOMC Meeting. Also, on Friday we have NFP and Unemployment Rate in USA. Pay attention to these news, as they are important for the upcoming month and USD bias.

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