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Timonrosso

USD/JPY on track to our target of 143.87

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Timonrosso  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis usdjpylong USDJPY usdjpyanalysis usdjpydaily
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trendanalysis chartpattern fundamental usdjpylong usdjpy usdjpyanalysis usdjpydaily
USD/JPY formed the Cup and Handle and the price broke above the brim level.
7>21 Price <200 -Mixed
RSI>50 - bullish
We are still waiting for the price to break above 200MA before we head to the target of 143.87
All I can do is wait and hold.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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