USDJPY: Your Trading Plan For Next Week ๐บ๐ธ๐ฏ๐ต
https://www.tradingview.com/x/uZe11rLj/
USDJPY is very close to a current daily high.
To catch a pullback from the underlined red area,
monitor a 4H time frame.
I see a nice rising channel there.
Its support breakout (4h candle close below) will give you a strong bearish confirmation.
A bearish movement will be expected to 150.9 level then.
Alternatively, a bullish breakout of the daily resistance will push the prices to 151.9 level.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
USDJPY is very close to a current daily high.
To catch a pullback from the underlined red area,
monitor a 4H time frame.
I see a nice rising channel there.
Its support breakout (4h candle close below) will give you a strong bearish confirmation.
A bearish movement will be expected to 150.9 level then.
Alternatively, a bullish breakout of the daily resistance will push the prices to 151.9 level.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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