TradingView
tradingwithyg
15. Mai 2018 03:39

USDJPY - Weekly Analysis Long

U.S. Dollar / Japanese YenFOREX.com

Beschreibung

Price has been moving in a parabolic manner since March. There was a few times in recent structure that price formed a doji star and it seemed like price would reverse but it didn't. Similar to the monthly chart, price is nearing a major resistance zone + trend resistance. If bullish momentum continues to show from the dollar price will continue to trend nicely. There is a chance that price can consolidate in this region for some time.
Mehr