USDJPY - Daily TF
Could we see another impulsive move to the upside this week?
Or will we violate our Major Trendline which has supported the Dollar Strength for some time now.
We have High Impact USD News coming this week so pay attention there.
What to Look for?
- Price to respect Blue Structure Near the Major Trendline.
- Fib levels to be respected with bullish price action.
- Wave C
Confirmations?
- Dollar Index Bullish
-JPY Index Bearish
Targets?
- Previous Highs
- -0.27% fib levels.
Could we see another impulsive move to the upside this week?
Or will we violate our Major Trendline which has supported the Dollar Strength for some time now.
We have High Impact USD News coming this week so pay attention there.
What to Look for?
- Price to respect Blue Structure Near the Major Trendline.
- Fib levels to be respected with bullish price action.
- Wave C
Confirmations?
- Dollar Index Bullish
-JPY Index Bearish
Targets?
- Previous Highs
- -0.27% fib levels.