USD/JPY (Bouncing OFF from a double bottom)

View On USD/JPY (16 APR 2020)


We are seeing a resurgent of USD recently and this pair is turning bullish at the same time.
It is bouncing from a nice double bottom with a "W" pattern.

As a retest at least, we expect it can swing back up to 108.6 regions for now

Do not short at this moment.


Let's see,


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تعليق:

Update on USD/JPY (3 MAY 2020)

I think I am wrong on the analysis.
Gonna close it when possible.

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