Since the rumored BOJ intervention at price 152.000, USDJPY has struggled to continue bullish movement and has only pushed further downward.
The market seems to be flipping over into a bear after constant movement upward since March of this year starting at price 115.000, to the yearly high of 152.000 in October.
MA's are currently converging which is a good sign for movement, and I am expecting the price to continue to push down and complete another bear wave.
Entry: 138.800
Targets: 138.560 | 138.300 | 138.070 | 137.800 | 137.600 | 137.330 | 137.065 | 136.870 | 136.650
Support: 136.500
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The market seems to be flipping over into a bear after constant movement upward since March of this year starting at price 115.000, to the yearly high of 152.000 in October.
MA's are currently converging which is a good sign for movement, and I am expecting the price to continue to push down and complete another bear wave.
Entry: 138.800
Targets: 138.560 | 138.300 | 138.070 | 137.800 | 137.600 | 137.330 | 137.065 | 136.870 | 136.650
Support: 136.500
Be sure to like this post and let me know what you think in the comments
Nota
Officially*Levels may be seen now due to FOMC minutes and holiday.
Operación cerrada: objetivo alcanzado
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.