Fresh level of support should give USDJPY a short retracement. Set target for 38.2% Fibo and entry any where within the support area. Be cautious if price level dips way beyond the support level this trade should be cancelled.
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Note
Bullish engulfing candle. This will be a positive trade.
Note
Near profit target. Waiting for 1 more bullish run.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.