USDJPY (Is the whole world scramble for collateral?)

View On USDJPY (19 Apr 2023)

UJ is in
* Uptrend in short term (Intraweek)
* Uptrend in Mid term (Intramonth)
* Uptrend in Long term (Last 3 months)
Now UJ has managed to stay above 130 and we need to watch 134.8x region closely.

Once the break out is strong, we shall easily see 136 region.

140 will be the next.


DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!

Legal Risk Disclosure:
Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.

코멘트:

Updated View On USDJPY

Take profit level 136 is hit.