USDJPY Trade Setup & Forecast for the week 17th Feb, 2014
USDJPY Trade Setup & Forecast for the week 17th Feb, 2014
Weekly Chart
Daily Chart
Hourly Chart
There is a few uncertainty with this pair, I have a Buy setup on the hourly chart, however traders need to becareful, as if it gets to that price, on the daily, price will break the clouds signalling a bearish trend, however it could be a false break. Having said that, the multiple exact confluence of fib levels is quite strong to give it a push.
Outlook Trade opportunity
Please see Hourly ChartRisk Level Medium
Tips -
Always take note of any economical news event on our provided calender below
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