Is there an entry point for a push on a pull-back? Waiting at 152.1
This is the assumption viewed on the USD/JPY weekly chart
I'm concerned about last week's candlestick pattern
Is selling pressure still lingering?
However,
many traders are aiming for a pullback
When viewed on a daily chart, it looks like this
Including GMMA and moving averages, the lower wall appears thick
In last night's stream, the break of the lower line was not the point
I would like to target a short-term long position expecting a bounce
Today there is a cabinet appointment in Japan's Parliament
The appointment of the prime minister is unlikely to move much, is it?
Attention is now focused on the United States
And since the US is on a holiday, range-bound trading is anticipated
By the way, around 152.0 is a notable support/resistance level
Will the movement here be the catalyst for this week's data releases?
× ![]()