Hello Traders I am sharing an idea regarding usdjpy. USDJPY is currently in a hype stage after DXY has increased on a friday.
After market it will be critical to see how market moves i have created support and resistance level and sketch the direction where the possibility of market to move.
Next breaking or retesting resistance 1 will decide the movement of market.
Resistance 1 breaking will lead to bullish and target will be till resistance 2.
Retesting of resistance 1 will showing bearish bias and target will be support 1.
Please like the idea if you agree and also share your thoughts