USDJPY Scenario #1 If Bullish USDJPY Long
U.S. Dollar/Japanese YenFXCM
Description
⋅ Scenario #1 (if Bullish USDJPY)
If the long term support zone since Sept 2013 holds, then USDJPY is trading within a 200pips sideways range between 100.60-80 to 102.80-103.00.
A good risk/reward trade would be to long USDJPY around 100.60-80. With target profit at resistance zone 102.80
Long USDJPY 100.60-80
SL 100.00
TP 102.80
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