riffster21

USDJPY - Support re-established, higher prices ahead

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
I've been waiting to see if the USDJPY would break back above former support and it did. Most traders expect this pair to grind higher and I would agree. I am long after the break.

Long @ 113.26, stop below the last swing low @ 112.43 and my target just under the last swing high @ 115.01
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.