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USDJPY Long

by Mohamed H, July 19, 2022

USD/JPY H4 Trend Analysis/Support & Resistant

by Mohamed Hussein July 19, 2022

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USD/JPY

|

Long

|

H4

Timeframe:

H4

Analysis Method:

Trend Analysis/Support & Resistant

Analysis:

USDJPY is expected to continue the uptrend. A good buy opportunity at the 61.8% retracement , touching 50EMA on H4 and a previous resistance turning into support. The first target is the previous swing high.

Risk Management:

0.5%

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