USD/JPY – Week 30 – Expecting a new ATH.
In our previous outlook, we correctly forecasted USDJPY to gain more bearish momentum.
For next week, we expect the price to make a small correction and test the resistance area. If it breaks, we have a good chance to make a new yearly high.
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 expect the price to make a small correction and test the resistance area. If it breaks, we have a good chance to make a new yearly high.
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.
