USDJPY Major Support - 108.000

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

Updated

OANDA:USDJPY U.S. Dollar / Japanese Yen

supportandresistance usdjpy usdjpylong usdjpyshort usdjpysetup

Currently, USDJPY is on major support and is forecasted to go back up according to my personal bias.
However, if the price breaks 20 pips below the 108.000, sell trade shall be taken.

Comment:

Hello, I forgot to add trade levels so here they are.

Entry Price @ 108.000
Stop Loss @ 107.700
Take Profit @ 108.915
Risk/Reward Ratio: 3.05

Cheers!
Have a good day!

Comment:

Take profit have been hit with 90 pips profit from entry price.

This trade setup is now closed.

Cheers!
Happy Trading!

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