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Friday, April 23, 2021

๐Ÿ’กDon't miss the great sell opportunity in USDJPY

๐Ÿ’กDon't miss the great sell opportunity in USDJPY

". There is still a possibility of temporary retracement to suggested resistance line (107.807).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDJPY is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.

Take Profits:
TP1= @ 107.298
TP2= @ 106.943
TP3= @ 106.687
TP4= @ 106.238
TP5= @ 105.837

SL: Break Above R2

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