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Tuesday, May 18, 2021

USD/JPY

USD/JPY

USD/JPY OANDA:USDJPY

I will be taking a long on this pair with targets around 109.620 area and stops at 108.800. Taking this because of a buyers market showing signs of stepping in. This market has shown great strength and currently rejecting a order block. If we should break below structure I will do another analysis on what I think could happen next. This is not financial advice I'm simply sharing an idea I have. I am not responsible for any profits or losses if you wish to enter this trade the way I am doing. Remember to always use risk management in forex!!



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