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TiborVrbovsky

USDJPY moving upwards from Head and Shoulders!

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
TiborVrbovsky  
FX:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Candlestick Analysis USD jpy USDJPY usdjpylong Forex forexsignals usdjpyanalysis yen dollar
7
0
supportandresistance candlestick usd jpy usdjpy usdjpylong forex forexsignals usdjpyanalysis yen dollar
USDJPY has been in a strong downtrend and has formed a head and shoulders bottom, which changed this strong downtrend into uptrend.

Now the price of USDJPY pair is testing strong resistance area which top is 105.500.

Trade this with a Buy stop above 105.500 or long the uptrend line.

If you make some profits with this trade, the least you can do is leave a like :)

Good luck with USDJPY!
Tibor

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