Friday, November 22, 2024

USD/JPY reaches the major level, wait for Breakout (or) Reversal ?
1 mins well spent

Alyaziah Hayat 709 Views 0 Comments , ,
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USD/JPY Analysis :

From December 2016, USD/JPY is moving in a Downtrend.

Now, the market standing at the major level 111.80

If Breakout happens at the top, we can expect a huge upward movement to the top level 117.

If Reversal happens, market will re-test the support level 108.

Let’s wait for the confirmation of Breakout or Reversal to make good profits on USD/JPY.

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