Hi guys its Brian here with a long opportunity for USDJPY.
The current price for USDJPY is now in a strong historical support zone where we see that previously price has bounced off this support zone for 4 times in the past since 2017.
USDJPY has also been making higher highs for the past few days and could possibly be coming out of the support zone soon.
If going long at this price level, there is a good risk to reward ratio with stop loss set at the support zone and profit target set near the resistance level.
www.brianchai.com/
Free Trading Group
The current price for USDJPY is now in a strong historical support zone where we see that previously price has bounced off this support zone for 4 times in the past since 2017.
USDJPY has also been making higher highs for the past few days and could possibly be coming out of the support zone soon.
If going long at this price level, there is a good risk to reward ratio with stop loss set at the support zone and profit target set near the resistance level.
www.brianchai.com/
Free Trading Group