USD.JPY - Long Opportunity

Long

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

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

ukforexsignals Double Bottom Relative Strength Index (RSI)

ukforexsignals doublebottom relativestrengthindex

My basic Daily chart analysis on the USD.JPY

I will be looking to take this pair long into next week if it meets my rules to do so.

I will update this chart on multiple timeframes to give a better insight into what i am watching.

Comment:

4hr bullish RSI divergence.

snapshot

Comment:

A break and close above 111.200 would confirm trend change for me.

snapshot

Comment:

A break above 111.20 is now confirmed, long opportunities available into next week.

Comment:

4hr Pattern Setup.

USD.JPY - Bearish Cypher Setup - 111.755

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