USDJPY On The Rise! BUY!
US DOLLAR VS JAPANESE YEN TRADENATION:USDJPY
My dear friends,
Please, find my technical outlook for USDJPY below:
The instrument tests an important psychological level 157.44
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 157.83
Recommended Stop Loss - 157.20
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK