What's the next move for USDJPY?
Hey everyone,
as you can see on the chart, USDJPY is at a decent resistance, accompanied by 50 MA and the Gann fan.
To me, this signals that we will soon see it bounce off either from our resistance area or the FIb Level, which I believe is more likely.
(Also, just a disclaimer, I will try my best to keep you guys updated as if the uptrend is too hard we might form a W shape as well)
Feel free to leave your feedback below
(not a signal btw, just analysis)
cheers,
tonite
as you can see on the chart, USDJPY is at a decent resistance, accompanied by 50 MA and the Gann fan.
To me, this signals that we will soon see it bounce off either from our resistance area or the FIb Level, which I believe is more likely.
(Also, just a disclaimer, I will try my best to keep you guys updated as if the uptrend is too hard we might form a W shape as well)
Feel free to leave your feedback below
(not a signal btw, just analysis)
cheers,
tonite
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