USD/JPY - Possible bullish follow through Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Aug 30, 2016 6:07 AM

All the majors are showing the same behavior. Strong impulsive move, followed by a horizontal corrective price action. If the minor support zone around 101.50 holds my short term target is 102.50 and long term target is around 104.00.

Trade closed: target reached

⋅ Aug 30, 2016 5:00 PM

First target reached.

Trade closed: target reached

⋅ Sep 3, 2016 11:47 AM

Second target reached