USD/JPY – Week 34 – Testing the support area.
In our previous outlook, we anticipated the price to make a small correction and continue the bearish momentum towards the support level. Instead, the price corrected the whole week.
For next week, we are expecting a bearish move to unfold that will most likely reach the support level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For next week, we are expecting a bearish move to unfold that will most likely reach the support level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
