USDJPY at key level for next rally!
Hey guys,
Based on my analysis, USDJPY reached a key level that might to have a good point for next rally.
As it is visible on the chart there is a conjunction of two important trend line that they cross each other on a support area.
So however it can be a little bit risky because currently there no clue for reversal to uptrend in 15min chart, but the good risk reward leads me to open a position at this key level.
Good luck!
Based on my analysis, USDJPY reached a key level that might to have a good point for next rally.
As it is visible on the chart there is a conjunction of two important trend line that they cross each other on a support area.
So however it can be a little bit risky because currently there no clue for reversal to uptrend in 15min chart, but the good risk reward leads me to open a position at this key level.
Good luck!
Penafian
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