美元 / 日圓
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USDJPY 4Hour Analysis July 11th, 2021

171
USDJPY Long Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish

Trade scenario 1: UJ is overall bullish but we have seen a fairly strong 4hour bearish trend come into play here. Currently we are at key support near 110.000 and we’re looking for reversals.

Ideally we can spot a higher low above 110.000 with strong bullish setups & confirmation. Look to enter long and target higher toward key resistance levels.

Trade scenario 2: For us to consider UJ bearish we need to see a lower high below support at 110.000

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