Hello Traders,
On USDJPY we have a consolidation area forming.
Based on my previous analysis I expect price to break out of the upward trend line.
We have touched the resistance level almost 4 times and still no break. If we close below this time and bounce from it I will enter a sell position to hold through the breakout to the downside.
Thanks all,
On USDJPY we have a consolidation area forming.
Based on my previous analysis I expect price to break out of the upward trend line.
We have touched the resistance level almost 4 times and still no break. If we close below this time and bounce from it I will enter a sell position to hold through the breakout to the downside.
Thanks all,