U.S. Dollar / Japanese YenUpdated why is usdjpy so high? two words: inflationary cycles (usdjpy)
its very simple. if this is going to continue, it will stay over vwma/aavwap, and the 1.618
we can retrace quite a bit, and 114.75 isnt unthinkable if we close hourly below the middle horizontal line
this would not negate the bull trend, and 115.235 is a decent target as long as we bounce
we can retrace quite a bit, and 114.75 isnt unthinkable if we close hourly below the middle horizontal line
this would not negate the bull trend, and 115.235 is a decent target as long as we bounce
Trade closed: target reached
short tarhet exceededtime to close
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.