AbhishekHSinghCMT
Long

USDJPY- Upside Extension could be possible beyond 111.50

FX:USDJPY   U.S. Dollar/Japanese Yen
57 0 6
108.74 is the crucial level-so keep on booking in between pips with larger uptrend intact & could even extend also. currently, we are at 109.70's looks like correction is unfolding if it overlaps 109.48 without crossing 109.90 then one should wait for retracement zones like 109.45 -which is 38.2% ...109.31--50% & 109.18--61.2% are possible levels if this current correction turns out to be deep. These are the places where one can add longs else UJ moving above 109.90- we are sure it has started its up move- Enjoy. Regards
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
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