2015-12-20_19-36-31usdjpy

On this chart for your analysis I posted the most important support and resistance zones on the usdjpy daily chart.

You may see that price held at the previous resistance zone of 124.000 printed a nice upper wick and price came back down.

If you would like to trade during this christmas week the I would suggest a short on this usdypj pair.

Two targets are advanced for you to see in the green boxes.

BEST OF PIPS

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.