USD/JPY 4H Long Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Apr 3, 2020 9:06 AM

USD/JPY Mar rise 50-100 pips
Insight - Price moving in a downwards trend and bounced off support at 107.73
forming a double bottom so trend is likely to be broken and continue upwards to break resistance at 108.45

Bias:Buy

Trade: Buy
Buy or above:107.73
Entry:108.45
Target TP: 108.77 & 109.55

Trade: Sell
Sell Below 107.73
Entry:107.58
Target TP: 106.87 & 106.22