USDJPY 4hour Analysis June 12th, 2022

541
USDJPY Bullish Idea

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

Trade scenario 1: UJ is extremely bullish and is currently resting at our 134.000 resistance zone.

We ideally want to see more normal structure before taking a trade but the likely scenario for this week is looking like price action will just continue bullish.

Trade scenario 2: For us to consider UJ bearish we would need to see a sharp reversal from 134.000 resistance with strong bearish setups to follow.

Look to target lower toward 131.000 support.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.