USDJPY - Updated - Consolidation Continues After 116 Break
Greetings Fellow Traders,
USDJPY continues to show clear signs of consolidation in a range below 116. The previous analysis still holds strong as we continue to wait for price to make it back to 116 area.
Ideal Selling is going to take place around 115.50+
If you are a short term trader, it might be advantageous to look for both buying and selling opportunities while this range exists, however be careful when it breaks in either direction.
Feel Free to Comment/Like/Follow
USDJPY continues to show clear signs of consolidation in a range below 116. The previous analysis still holds strong as we continue to wait for price to make it back to 116 area.
Ideal Selling is going to take place around 115.50+
If you are a short term trader, it might be advantageous to look for both buying and selling opportunities while this range exists, however be careful when it breaks in either direction.
Feel Free to Comment/Like/Follow
