Forextuitions

USDJPY LONG TRADE SETUP

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
The daily is turning down against the March highs at 111.68. The 4 hour is turning up against 104.15. While above 105.16 where the hourly is turning up the pair can see strength higher toward 107.50 to correct the cycle lower from the March highs.

Long USDJPY
@106.10-105.90

TP: 107.00
SL: 105.68

Good luck !