UsdJpy- New leg up?
UsdJpy found strong support last week in 105 zone, marked by a nice bullish engulfing.
On Friday a new attempt from sellers failed and we have a Doji candle indicating a tie.
Now the pair is trading just under 106 resistance and a break here would put buyers on the move and the pair could rise to 108 important resistance.
Buy dips as long as the price is above 105 is my strategy
On Friday a new attempt from sellers failed and we have a Doji candle indicating a tie.
Now the pair is trading just under 106 resistance and a break here would put buyers on the move and the pair could rise to 108 important resistance.
Buy dips as long as the price is above 105 is my strategy
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