Quick idea.
After yesterday's strong slide, due to a change in the risk sentiment from risk on to risk off, USDJPY is now drifting lower. But this move lower could be classed as a temporary correction, before another leg of buying, because the pair is still above its short-term tentative upside support line drawn from the low of October 31st. But we need to wait for a break below yesterday's low first and only then we will aim towards the aforementioned upside line.
Please see the chart for levels and targets.
Don't forget your stop-loss.
After yesterday's strong slide, due to a change in the risk sentiment from risk on to risk off, USDJPY is now drifting lower. But this move lower could be classed as a temporary correction, before another leg of buying, because the pair is still above its short-term tentative upside support line drawn from the low of October 31st. But we need to wait for a break below yesterday's low first and only then we will aim towards the aforementioned upside line.
Please see the chart for levels and targets.
Don't forget your stop-loss.
Nota
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.