Japanese on schedule. Follow-up

Japanese on schedule. Follow-up


USDJPY

We can safely say that the currency pair is moving in line with our expectations. In the previous post, I showed what we are counting on and where we should start thinking about short positions because there is a chance to change the trend. At present, we remain assuming further declines. In the first image, I showed two places where you should watch the price behavior. The first is the support that has already been marked, so it is worth keeping the situation under control. The second is local support, which, after checking the W1 interval, turns out to be a strong level at which price also reacted.

I am also pasting a second image from the previous analysis

USDJPYUSDJPY

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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