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ForexDaGoat

Bullish Opportunity on USD/JPY

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
ForexDaGoat Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Pivot Points
2
0
trendanalysis supportandresistance pivotpoints
USDJPY testing prior Support Zone.
Stochastic in oversold status.
Expecting market to retrace to 109.896 TP1 for possible reversal at previous support or previous resistance at 110.050

Entry:109.443
TP1: 109.896
TP2: 110.050
Stop Loss: 109.433


Trade active:
Entry was too early. We will re-enter at the rejection of 109.428. Wait for price action to signify reversal.
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