USDJPY on the M30 time-frame
USD/JPY may rise 34 - 64 pips
Our preference
Long positions above 129.65 with targets at 130.25 & 130.55 in extension.
Alternative scenario
Below 129.65 look for further downside with 129.30 & 128.95 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Daily and weekly charts are also bullish.
Our preference
Long positions above 129.65 with targets at 130.25 & 130.55 in extension.
Alternative scenario
Below 129.65 look for further downside with 129.30 & 128.95 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Daily and weekly charts are also bullish.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.