BambooGrowth

USDJPY - Testing breakout

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
As per our weekly forecast commentary, UsdJpy formed an inside bar on the weekly charts. Yesterday it formed an inside bar on the daily graph and a breakdown lower to test the breakout line. (Previous resistance – Now Support). Buy at current levels 109.85 and stop loss 108.59 and take profit 112.69. Good risk reward ratio

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