USD/JPY – Week 38 – Targeting the resistance.
In our previous outlook, we correctly anticipated the bearish move that took place in the first part of the week. After that, the price sharply reversed to the upside.
For next week, we are expecting the price to make a small correction and break the resistance level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For next week, we are expecting the price to make a small correction and break the resistance level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
