USDJPY Weekly:
• UJ for the past 4 weeks has plummeted a solid 850pips revisiting last years lows then closed above 107.00 monthly support as a bearish hammer.
• Price managed to close below 109.50 weekly but couldn’t quite close below 108.50 psych level.
USDJPY Daily:
• Price closed below 108.50 psychological level with bearish engulfing candle.
• I still expect one more push down to 107.00 support as price is still respecting the moving averages with good rejections.
USDJPY 4hr:
• 4hr bear candle broke through108.12 which is a strong intra-day level with level forming hammer, engulfing and doji candles signifying strength.
• After the break of 108.12 I do now expect price to come back and retest this level as resistance before entering short positions down to 107.00 psychological level.
Giao dịch đang hoạt động
Giao dịch được đóng thủ công:
-15pips. Reversal on the cards