Greetings Forexia Family, Lets break down the analysis on USDJPY. From the last three days we have seen USDJPY down trending within the up trend. Additionally, there was no sign of the reversal till this day, when the price the broke the up trendline. I believe the pair is likely to reverse from sellers. I am expecting the scenario below. I am likely to buy when i get perfect ECR or DCR.
Please use proper money management and lot sizes!!!