USDJPY Forex Pair Analysis

USDJPY Forex Pair Analysis

Time Frame : 30 Min Chart

Watch for Buy Entry Setup

USDJPY is stuck between the 106.100 and 105.912 zones as price consolidates. We do not expect this action to last for too long as bulls and bears get on edge. The price could break either way but we are biased up for a continuation move to 106.500. Watching for a washout of 105.912 and then a higher low entry setup.

Currency Pair : USDJPY

Current Price : 106.018

Status : On watch for a buy entry setup