Long on USD/JPY

31 Des 2022

Hello everyone, there is a big opportunity here , we are trading at strong support at 130.50 cause of the pair was going up last from this current support to 152 resistance almost 2100 pips without any correction on weekly chart , so here this was a big volume executing at this support , I think we can go big higher in the first Q1 of 2023 we can go to 138-140 then heading to down again and fundamentally the FED will continue raise rates in Q1 and on the other hand, technically as you see in weekly stochastic it’s so oversold ….

Be careful guys
Don’t invest what you can’t afford to lose !