FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
25 views
2
USD/JPY has had a bearish tone for the last week now. If you look in the H4 it will show you that neither currency is dominating. So I have highlighted key areas in which to get into the market in. Around 110.400 there is a support, if it struggles to beat this support this will be a great time to enter the market and trigger me to buy. Having said that there is also a resistance around 112.200 if the USD/JPY decides to buy up to this point and starts to struggle this will indicate that the momentum is gone which will trigger me to sell