USDJPY: Your Trading Plan For Today 🇺🇸🇯🇵

syot kilat

USDJPY is approaching a rising trend line on a daily.
The price formed a double bottom pattern on that on an hourly time frame.

To buy with a confirmation, wait for a bullish breakout of its horizontal neckline.
We need an hourly candle close above 146.8.
A bullish continuation will be expected to 147.4 level then.

If the price sets a new lower low on an hourly, the setup will become invalid.

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Candlestick AnalysisdollarForexjapaneseyenMultiple Time Frame AnalysisTechnical AnalysistradingTrend LinesUSDUSDJPYDJ FXCM Indexyen

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