USDJPY-Weekly Market Analysis-Jun22,Wk2
There is 2 trading opportunity, it depends on which camp you belong to. Counter-Trend Trader or Trend trader.
The Counter-Trend Trader could wait for a Double-Top setup within the Supply Zone(red box) with the RSI Divergence setup.
Trend Traders can wait for a Buying Opportunity at the Demand Zone(blue box).
There is still some time before the US Interest Rate Decision, it is likely to be 1 of the most volatile event that's going to happen on 16Jun, 2 am (GMT+8)
The Counter-Trend Trader could wait for a Double-Top setup within the Supply Zone(red box) with the RSI Divergence setup.
Trend Traders can wait for a Buying Opportunity at the Demand Zone(blue box).
There is still some time before the US Interest Rate Decision, it is likely to be 1 of the most volatile event that's going to happen on 16Jun, 2 am (GMT+8)
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Get into our 15mins workday community
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Live session & Trading Tips on the GO
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