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FX.co ★ USD/JPY will test the nearest Daily Orderblock For today FEB 06, 2020

USD/JPY will test the nearest Daily Orderblock For today FEB 06, 2020

USD/JPY will test the nearest Daily Orderblock For today FEB 06, 2020

The daily orderblock at 110.08 seems to be something like a magnet area for the USD/JPY pair. The pair may climb up as long it does not break out bellow the 4 hour chart breaker level at 109.32. The USD/JPY pair can test the weekly buy side liquidity at 110.30. The overall bias for USD/JPY is bullish.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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