CleanTrades

USD/JPY Long - bullish continuation until bearish OB

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Due to work on our webshop and app we've been busy for the last two weeks.

Let's dive into it. USD/JPY got a strong weekly close along with several decent daily closes above 111.892.

While taking out our 5th March high I'd make use of 112.929 as target. Upper-half of our bearish OB + 1. 05 Fib-extension of bearish OB giving confluence here.

Stop-Loss below EQ of current leg-up + 200-MA on daily basis.