USDJPY Trade Idea

2021年1月21日

In yesterday's analysis, I discussed about 103.700 as a key support zone to hold, however, price is currently showing sign of bearish momentum violating 103.700 support zone. The current price action of UJ is slightly choppy, we could expect some short-term grinding movement back towards the 103.000 support zone. Personally, I wouldn't favor any UJ setup due to the lack of volatility and the current range bound condition. Do not forget the overall trend on the higher timeframe remains bearish.

Trade safe.

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2021年1月21日

註釋

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