Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. My target is new BOS above last high + imbalance.
Fundamental analysis: Tomorrow we have news on USD, will be released quarterly GDP, but on Friday we have release of Policy Rate and BOJ Press Conference in Japan. Pay attention to this news, as they could invalidate the analysis.
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‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. My target is new BOS above last high + imbalance.
Fundamental analysis: Tomorrow we have news on USD, will be released quarterly GDP, but on Friday we have release of Policy Rate and BOJ Press Conference in Japan. Pay attention to this news, as they could invalidate the analysis.
Like, comment and subscribe to be in touch with my content!
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t.me/Snick3rSD1
🌶 SpiceProp presents the offer with a 5% discount for any challenge.
🎁 Discount Code - SNICK5
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