Sunday, May 12, 2024

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

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.

Don’t Trade forex all the time, trade forex only at good opportunities available in the market.

Check live Free forex signals now.

To increase your trading profits, read this below topics:

Forex Trading Complete Guide

How to trade profitably using Chart Patterns?

Low risk, High reward trading strategies

How to get rich trading forex market?

Best Forex Brokers

Most predictable Currency Markets

If you want to learn more successful trading techniques with free mentorship support, you can purchase the forex trading video course.

Thank you.

0 thoughts on “USD/JPY reaches the major level, wait for Breakout (or) Reversal ?

Leave a Reply

Your email address will not be published. Required fields are marked *

Also read