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nick.harrington

USDJPY 5 MINUTE MADNESS CHANNEL

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
nick.harrington  
FX:USDJPY   U.S. Dollar / Japanese Yen
USD (US Dollar) 5min Parallel Channel
1
0
usd-us-dollar 5min parallelchannel
USDJPY looks to be in an uptrend on the 5 Minute chart retracing to the 200MA and the up channel trend line. Also there is a key resistance coming up at 118.135.

Looking at a 3:1 ratio. TP at 118.343 purely because I'm not greedy. ;)
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