TradersClassroom

USD/JPY Testing Upper Resistance

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
0
USDJPY is testing the upper resistance of the channel it has been in since the beginning of the year. A break and close above 104 brings 105.40's into play. If it continues northward and breaks 105.40's, I see 110 long term. For more info on this trade please check out the weekend preview here: www.youtube.com/watch?v=uGlQER9X...


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