BluetonaFX

BluetonaFX - USDJPY Market Update

OANDA:USDJPY   美元/日元
Hi Traders!

USDJPY is looking as strong as ever and does not seem to be slowing down anytime soon. Our long-term bullish outlook on this pair has worked perfectly.

Since we broke the 145.073 range zone resistance, the market has continued with bullish momentum. We also had a bull flag opportunity on the 1D chart that was executed very well.

The market is on its way to the psychological 150 level, which was always our long-term target. We are still on track to reaching that level as long as we remain above 145.073 and our 20 EMA. We will be looking for opportunities to buy any further dips, which we have not had on the longer time frames since the break of 145.073, so to do this, we will look at shorter time frames for more buy entries.

Please do not forget to like, comment, and follow, as your support greatly helps.

Thank you for your support.

BluetonaFX
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