USDJPY Scenario #1 If Bullish USDJPY
Scenario #1 (if Bullish USDJPY)
If the long term support zone since Sept 2013 holds, then USDJPY is trading within a 200pips sideways range between 100.60-80 to 102.80-103.00.
A good risk/reward trade would be to long USDJPY around 100.60-80. With target profit at resistance zone 102.80
Long USDJPY 100.60-80
SL 100.00
TP 102.80
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ForexPositive.com
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If the long term support zone since Sept 2013 holds, then USDJPY is trading within a 200pips sideways range between 100.60-80 to 102.80-103.00.
A good risk/reward trade would be to long USDJPY around 100.60-80. With target profit at resistance zone 102.80
Long USDJPY 100.60-80
SL 100.00
TP 102.80
=====
ForexPositive.com
Twitter ForexPositive
=====
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.