On my DxY analysis, i'm confident right now that USD are getting stronger, link below.
So here on USD/JPY pairs im only looking for buying opportunity, as we can see right now the bulls are trying to break the daily resistance.
this pattern look like a Ascending Triangle Pattern.
My most likely scenario are the prices to break the resistance and retest on now resistance turn support, then i will take my long trade.
otherwise, the price will fall back to the trendline and finally pierce the daily resistance.
Stay Safe, Stay Green,
So here on USD/JPY pairs im only looking for buying opportunity, as we can see right now the bulls are trying to break the daily resistance.
this pattern look like a Ascending Triangle Pattern.
My most likely scenario are the prices to break the resistance and retest on now resistance turn support, then i will take my long trade.
otherwise, the price will fall back to the trendline and finally pierce the daily resistance.
Stay Safe, Stay Green,
