USD/JPY Buy

29. Juni 2020

Since the US Index (DXY) has failed to break the V-shape at around 97.32 and the price has tried to break out of the 107.230 level for almost 3 weeks. I anticipate a fluid move in the USD/JPY pair for this week with the 80% probability of Long position towards 108.335 level.

29. Juni 2020

Anmerkung

Just minutes after this update the odds were correct. The next steps is to manage the position carefully. Market will be fluid this weak there's a lot of breakout set ups that are in 80% probability of materializing.