USDJPY scenarios is this!

FX:USDJPY   U.S. Dollar / Japanese Yen
We are long on a short term for a re-test of 119.95. (Today/tomorrow) if the price manage to take out the high 120.47 then short is not an option.
After this we will sell the pair and we expect the price to decline again and give us a nice
break of the 118.30. structure(sell-point) a break below this point, we will bring our stop firmly on the 118.20.
After this we can look forward to 116.80 area. A break of 116.80 will further drag the pair towards a significant point of 115.50.
This is the likely scenario according to the price action in the pair.
stop = 118.25
We have closed our long position in this pair....
Bulls are now firmly in control of this pair, above 119.20 we stay long usdjpy. Keep eyes open for the upcoming JPY news and monetary press conference.
USDJPY is coming out of the zone, we look for series of highs today.
Watch out for: 118.70, 119.20, 119.57 and 119.95.
We are now on the way! GL
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out