Since the important break of 116 resistance back in March, UsdJpy has risen around 30% and reached 145.
Although a 30% move for a pair like UsdJpy is a lot, this doesn't mean that a drop will follow and, as John Maynard Keynes said: " Markets can stay irrational longer than you can stay solvent", and with this in mind, a smart trader's approach should be to buy eventual dips, not sell in the hope of a reversal.
Technically speaking, 140 is support and around this zone, I will look for buying opportunities.
Although a 30% move for a pair like UsdJpy is a lot, this doesn't mean that a drop will follow and, as John Maynard Keynes said: " Markets can stay irrational longer than you can stay solvent", and with this in mind, a smart trader's approach should be to buy eventual dips, not sell in the hope of a reversal.
Technically speaking, 140 is support and around this zone, I will look for buying opportunities.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.