USDJPY - longer than this current lockdown?
Just like the current Lockdown in the UK we have no idea where price is going to take us.
UJ is at a current place where we can go one of two ways. We have broke the bullish trend line and now hitting a key support level. We can see this either reject and push price back up or it can push down passed this and retest this level. We could look to go long on the open depending on where price is. Alternatively if price opens below this level we can look for a short position.
Personally bias for a continuation down long term but we can see a push up here.
We are still taking on clients within our ever growing group. Please feel free to drop me a message if you need any help with your charts or trading especially if you are not being profitable. On a serious note we want nothing more than to help those in need during this time so drop me a message if you need help.
UJ is at a current place where we can go one of two ways. We have broke the bullish trend line and now hitting a key support level. We can see this either reject and push price back up or it can push down passed this and retest this level. We could look to go long on the open depending on where price is. Alternatively if price opens below this level we can look for a short position.
Personally bias for a continuation down long term but we can see a push up here.
We are still taking on clients within our ever growing group. Please feel free to drop me a message if you need any help with your charts or trading especially if you are not being profitable. On a serious note we want nothing more than to help those in need during this time so drop me a message if you need help.