USD/JPY !! downtrend during the Monday

⭐️Smart investment, Strong finance

⭐️USD/JPY INFORMATION:
The USD Index (DXY), which monitors the performance of the US dollar against a selection of currencies, is benefiting from the increase in US Treasury bond yields. This recovery follows a decline to a six-week low after the release of US jobs data on Friday. Additionally, the Bank of Japan's cautious approach and the current risk-on sentiment in the market are weakening the safe-haven Japanese Yen (JPY) and providing support for the USD/JPY pair.

⭐️Personal comments NOVA:
Price hits the resistance zone on Monday, the downtrend takes precedence

⭐️SET UP USD/JPY PRICE:

🔥SELL USD/JPY zone:149.750 - 149.900 SL 150.300
TP1: 149.500
TP2: 149.200
TP3: 148.800

⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.

⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest

Bình luận:

+ 20 pips , signal SELL

Bình luận:

More 30 pips , congratulation