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ThemasterFxIdea

USDJPY on the M30 time-frame

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ThemasterFxIdea  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis themasterfx
1
0
trendanalysis themasterfx
USDJPY may rise 27 - 52 pips

Our preference
Long positions above 129.55 with targets at 130.40 & 130.65 in extension.

Alternative scenario
Below 129.55 look for further downside with 129.30 & 129.10 as targets.

Comment
The RSI shows upside momentum.
Daily and weekly charts are also bullish.
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