With over 150pips move in our direction since my last publication ,I have identified a trading opportunity we can take advantage of as the current structure reveals a possible reversal for a rally in the coming week(s). After plummeting earlier in the week against the Japanese yen, the USD turned around to show signs of strength again when the price broke out of Bearish Trendline (21st July 2021) thereby suggesting that the Greenback is on the verge of a potential recovery in the coming week
Tendency: Uptrend ( Bullish )
Trading plan: BUY confirmation with a minimum potential profit of 130 pips.
Risk/Reward: 1:5
Potential Duration: 5 to 12days
Risk/Reward: 1:5
Potential Duration: 5 to 12days
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