USDJPY Trade Idea

2021年1月19日

In yesterday's forecast, I expected UJ to hold above the 103.700 support zone showing buyers' strength, which was exactly what the market performed. Today's setup will remain similar, wait for a clear break of the current exhaustion pattern on UJ with 104.700 & 105.550 resistance zones as targets. However, do pay attention to the 104.291 resistance level, and do not forget the overall trend on the higher timeframe remains bullish.

Trade safe.

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2021年1月19日

註釋

Previous analysis