
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
It's possible, but right now the pair is range-bound, so without a breakout a direction won't become clear, I think.
I do agree with you.
USD/JPY extended its slide towards the downside after the Fed’s rate hake. The par is preparing to visit the 105.45 support which is broken to below, doors are opened for testing 105.25.
USD/JPY finally quit the latest range and now is showing bearish signs. Although the pair recovered from the dialy low at 104.63, indicators on H4 are supporting further decline.
It depreciated to 104.60. If it depreciates further it could reach 104.00.
I think it will go down to the 103.94 and from there we may start to think about an up trend