💹 Trade Setup USD/JPY
USDJPY has got rejected from weekly resistance with multiple liquidty sweep.
With potential Fed rate cut in December has weaken DXY which eventually pushing USD/JPY bearish. Besides USD weakness JPY indext also approaching a montly support level which could bring a at least short term pullback of JPY index to the upside.
📈Trading Idea :
Look for bearish setup on a false breakout above 156.35 or above and potential rejection back below can trigger a sell signal.
✈️Targets
1st support 154.93
2nd support 153.705
🔴Stop level above 157.22
follow for more ideas and trade setups!
USDJPY has got rejected from weekly resistance with multiple liquidty sweep.
With potential Fed rate cut in December has weaken DXY which eventually pushing USD/JPY bearish. Besides USD weakness JPY indext also approaching a montly support level which could bring a at least short term pullback of JPY index to the upside.
📈Trading Idea :
Look for bearish setup on a false breakout above 156.35 or above and potential rejection back below can trigger a sell signal.
✈️Targets
1st support 154.93
2nd support 153.705
🔴Stop level above 157.22
follow for more ideas and trade setups!
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Join Free Telegram
telegram.me/+c_SYe23QL-RjZDE1
Chat With an Admin
t.me/forexwizard333
Signal & Education Website
forextradingwizard.com/
YOUTUBE CHANNEL
bit.ly/3GmqN1E
telegram.me/+c_SYe23QL-RjZDE1
Chat With an Admin
t.me/forexwizard333
Signal & Education Website
forextradingwizard.com/
YOUTUBE CHANNEL
bit.ly/3GmqN1E
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.