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USD/JPY 4H LONG

Long
U.S. Dollar / Japanese Yen (FOREXCOM:USDJPY)  
julez  
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY lomg 4h LONG
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trendanalysis chartpattern indicator usdjpy lomg 4h long
USD/JPY May rise 50-100 pips
Insight - Price has broken out of the ascending channel s hit support at 109.02 Price is likely to reverse to hit resistance at 110.06

Intraday - 4H
Trade: Buy
Buy or Above111.63
Target TP: 110.06 & 110.71
Pivot and Support 109.02

Alternative scenario:

Trade: Sell
Sell or Below: 109.02
Target TP: 108.19 & 107.42
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