USDJPY- Support near 112 area broken- Targets 110.5/109 Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jan 11, 2018 4:24 PM

USDJPY has broken important technical levels @ 112. Targets are 110.5/109. Break of 107.5 will put security in firm downtrend. Stop for this trade around 114.5. Fundamental news is JPY bullish with the BOJ attempting to push up yields.

Comment

⋅ Jan 16, 2018 1:09 PM

Target 1 achieved. Revise SL to 113