We just got a break above the cloud resistance. This is a good sign for long positions. Continue holding longs. Expect a retrace back to the cloud later as support. We have a good chance to retest the resistance around 113 in the future. Good luck and place your stops just in case we go back into the cloud or below the cloud.
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Well USDJPY has done exactly what we expected. Continue holding longs as stated previously. Trail your stops accordingly. Good Luck.
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Well we hit our target of 113 and then some. Congrats to all that hung on and took this trade along with me.
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