BUY TRADE ON USDJPY
USDJPY in a Potential Uptrend
The price broke out of a strong resistance zone and turned support multiple times.
The price is developing, and I am waiting for a break above the resistance to go LONG.
Alternatively, if the price breaks below support, then there will be an opportunity to go SHORT if the broken support is retested and used ad resistance.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The price broke out of a strong resistance zone and turned support multiple times.
The price is developing, and I am waiting for a break above the resistance to go LONG.
Alternatively, if the price breaks below support, then there will be an opportunity to go SHORT if the broken support is retested and used ad resistance.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Anmerkung
UJ seems to be finding its footing slowly BOJ on holiday playing a role
Watching how it goes
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