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DDMARKETS

USDJPY Trade Idea: The Strength of the 15min Reracement

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
DDMARKETS  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Support and Resistance USDJPY forexsignals forexsignalservice forexsignal forexsignalprovider dollaryen usdjpylong fxsignals forextradingsignals
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trendanalysis chartpattern supportandresistance usdjpy forexsignals forexsignalservice forexsignal forexsignalprovider dollaryen usdjpylong fxsignals forextradingsignals
The US Dollar (USD) weakened on Friday on reports a short-term funding bill will re-open the US government for several weeks (at least). Based on the 15min Chart USDJPY may have reached its support (as highlighted on the char), paving the way for corrective gains.

The potential target as well as the possible location of the protective stop are marked on the chart.
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