Clearly the pair has formed a rounding bottom ; getting indication bottom is coming in place. CMP 111.85 would recommend long with stop placed at 110.05 target 112.85/114
Comment:
On its way 112.16 now ..Stay long
Comment:
Yen racing towards its first target
Trade active:
First Target reached..book partial.
Trade active:
High up till now 113
Comment:
100 More pips to go
Trade active
Comment:
113.25 book another 75% here..Rest to be booked near 114 final target lvl
Trade active:
113.60
Comment:
40 pips away from final target
Trade closed: target reached:
Finally Target achieved 114.03
Trade closed manually
Comment:
USDJPY rocked