USDJPY: possible buy scenario
Japanese yen weakened around 1,5% against USD yesterday and i think it should continue it's trend...
...jumping in now would be fomo, so it's better to wait for better prices (which we might not get).
Joining bulls from 110.65-111.05 price zone with 113.00 T/P provides decent R:R.
Keep in mind that this idea might be realized in several days and opening long position in USDJPY results positive swap.
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Feel free to share your opinion/position via comment and follow me to stay updated.
...jumping in now would be fomo, so it's better to wait for better prices (which we might not get).
Joining bulls from 110.65-111.05 price zone with 113.00 T/P provides decent R:R.
Keep in mind that this idea might be realized in several days and opening long position in USDJPY results positive swap.
//
Feel free to share your opinion/position via comment and follow me to stay updated.
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