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Dollar A.S. / Yen Jepang

USDJPY Trade Idea

Oleh TraderNeoh
UJ is currently in a bearish trend. However, I expected a reversal coming up as per yesterday's forecast as UJ failed to break through 103.000 support zone. A squeeze formation with higher lowers sequence is beginning to form with 103.680 as the minor resistance, a sign of sellers' weakness. Will be mainly focusing on reversal setup today for price to breaks through 103.680, with 104.680 as the primary target.

Trade safe.
Chart PatternsTrend Analysis
TraderNeoh
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