USDJPY - protect your position

2019-12-01 22:01:59

Hello my dear friends,

We've previously said in a previous idea that USDJPY is supposed to have bullish momentum,
https://www.tradingview.com/chart/USDJPY/o6chySdB-USDJPY-Penetrated-resistance/
and by examining the current momentum closely, this pair is showing a lag of bullish momentum, however we can't confirm this lag without going below the ascending trendline.

So keep your long positions, and protect your position by this trendline.


Good luck!