A sideway market and we wait for a new trend starts
Analysing Forex from The Market side & perspective.
USDJPY was down for about 70 pips last week, and now it is on a sideway market with 107.12 and 106.66 range. In this week opening session the market is still there and also there is no trader positions in the area. It is not recommended for traders to open positions in this pair until it break the sidewa and we see a new trend starts.
USDJPY was down for about 70 pips last week, and now it is on a sideway market with 107.12 and 106.66 range. In this week opening session the market is still there and also there is no trader positions in the area. It is not recommended for traders to open positions in this pair until it break the sidewa and we see a new trend starts.
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