Analysis based on current chart movement. I am neutral on USDJPY with a bias towards a buy.
A full, candle body close above the price 136.850 will more than likely see the pairing go into a buy with targets 137.200 and 137.450. I have a resistance price set for 137.600.
A full, candle body close below the price 136.450 will more than likely see the pairing go into a sell with targets 136.220 and 136.000. I have a support price set for 135.500.
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A full, candle body close above the price 136.850 will more than likely see the pairing go into a buy with targets 137.200 and 137.450. I have a resistance price set for 137.600.
A full, candle body close below the price 136.450 will more than likely see the pairing go into a sell with targets 136.220 and 136.000. I have a support price set for 135.500.
Be sure to like this post and let me know what you think in the comments!
