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USD/JPY Analysis - UJ dropped to fresh weekly lows settling at 109.60, a deep bearish path. If trading the correction, I'd recommend a long position from weekly support to about 109.95,
and then expect a potential continuation to the downside reaching for the highlighted "target" area. FYI, keep an eye on fundamentals this week which could change this analysis.
How are you preparing to trade UJ? Drop your ideas in the comments.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
Please support this idea with a LIKE and COMMENT if you find it useful.
*****
USD/JPY Analysis - UJ dropped to fresh weekly lows settling at 109.60, a deep bearish path. If trading the correction, I'd recommend a long position from weekly support to about 109.95,
and then expect a potential continuation to the downside reaching for the highlighted "target" area. FYI, keep an eye on fundamentals this week which could change this analysis.
How are you preparing to trade UJ? Drop your ideas in the comments.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
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✅ TELEGRAM:
t.me/briankenyahorton
✅ YOUTUBE:
bit.ly/3oX4xF4
✅ INSTAGRAM:
bit.ly/3oV2a5D
✅ LEARN OUR STRATEGIES:
bit.ly/3KvYQbf