Yen – going up?
USDJPY 15 min chart
Hi Everyone,
Markets are movng sideways at the moments – and I’m waiting for a breakout. The USDJPY is starting to give me signs of breaking to the up side:
1. Price above the R2 level and taking out previous resistance.
2. MAs aligned
3. Buy signal on Serene strategy
My only caveat is that MACD is still below the midline – if I wanted to be extra cautious I’d wait for it to come above the mid-line.
Please remember to do your own analysis.
Regards,
TB
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