Wealth_Comanche

USDJPY: WILL BULLISH TREND HOLD?

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Hello Traders;
Here's what I hope to see happen on USD/JPY soon
We see PRICE at RESISTANCE point (105.359) prior to now, IF we get a break above this point, we keep buying.
Price also found some kind of support at the bottom of the UPSIDE trendline, this could imply PRICE' desire to respect the channel and move to the RESISTANCE zone of our channel.
USDJPY looks very BULLISH. We hope to see a break above 105.359 area to make the uptrend channel hold.
An open above today' candlestick close and we keep buying.
Thanks Guys.

Disclaimer

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.