Forex Technical Analysis USD/JPY

USD/JPY

Why I think from next week will be a Buy ?

W1:

– Have make a breakout and now is retest the zone.

–  Strong support

 

D1:

– Fibonacci retracement: 0.236, 0.5, 0.618

 

– Strong support

– Chart line

– Stochastic rsi oversold

 

– Risk/Reward: 1:5

– Entry: 110.800

– SL: 110.000

– TP: 114.000

*This post is not a financial advice, It’s only my personal opinion. Do your own research before making investment decisions.

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