JohnFortune

UsdJpy - Bull Flag

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Last week the USDJPY formed a Bull flag after bouncing from key support at 113.186 stopping just shy of last weeks target of 114.487. As a result further advances seems the higher probability move next week. Targets to the upside sit at 114.487 (last weeks target to be completed) with a break of this area clearing the way for a run towards the 115.485.
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