USDJPY 1hour Analysis December 3rd, 2020
USDJPY Short
Price is consolidating around the 200MA on the 1h and 30min timeframes. 104.250 has been a key level of support so we are waiting for a break and retest of this level. Enter on bearish engulfing/variations and look to first target 103.7 for profits.
Price is consolidating around the 200MA on the 1h and 30min timeframes. 104.250 has been a key level of support so we are waiting for a break and retest of this level. Enter on bearish engulfing/variations and look to first target 103.7 for profits.