UsdJpy to resume its uptrend?
Updated
In yesterday's comment, I said that the long-term trend for UsdJpy is clearly up and the drop from 111 is just a correction.
Yesterday the pair has finished the day very strong and closed above the important 108.30-108.50 important zone, confirming a false break
A small retracement could follow at this point and this could be a good opportunity for bulls to open longs
As I said, 108.30-108.50 is now support, and bulls can have 111 as a target
Yesterday the pair has finished the day very strong and closed above the important 108.30-108.50 important zone, confirming a false break
A small retracement could follow at this point and this could be a good opportunity for bulls to open longs
As I said, 108.30-108.50 is now support, and bulls can have 111 as a target
Note
Usdjpy hit 108.50 and I m in a buy trade
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