Further Advance
Our Pivot: 127.10
Our Preference: Buy USDJPY above 127.32 with strict stop loss of 127.10 and profit target at 127.65 with extension towards 127.85.
Alternate Scenario: Downward penetration of 127.10 will call for 126.87.
NOTE: USDJPY is inside a bullish price channel to retest supportive trend line of its previous triangle as resistant region.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.