美元 / 日圓已更新 USDJPY Trade Idea
In yesterday's analysis, I expected UJ to continued grinding towards the upside, which was exactly what the market performed. Be aware that we might see some pullback before further continuation upwards, as the momentum is slowly fading and probably need some pause. If price performs some deep pullback, there's still a major support at 104.750. In today's trading session, I'll remain bullish bias and look for short-term buying opportunities with 105.550 as the initial target. However, do not forget the overall trend on the higher timeframe remains bearish, I'm only trying to capture and capitalize on the short-term momentum shift.
Check out the comment section below to find out how I've identified a reversal on 6th Jan at 103.000 zone.
Trade safe.
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Check out the comment section below to find out how I've identified a reversal on 6th Jan at 103.000 zone.
Trade safe.
Do follow my profile for daily fx forecast & educational content
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