FxWirePro
Long

USD/JPY faces major resistance around 119.70,good to buy at dips

FX:USDJPY   U.S. Dollar/Japanese Yen
420 2 9
USD/JPY             has recovered after making a low of 118 on Thursday and is currently trading at 119.54.

The pair is facing major trend line resistance at 119.70 (trend line joining 121.22 and 120.56) and any break above target 120.30/121.

On the downside minor support is around 119.20 and break below targets 118.60/118.

It is good to buy at dips around 119.45-48 with SL around 119.15 for the TP of 120.30/120.70
MeiChan
a year ago
How about Buy JPY at 120.21/120.40/120.50, do you think will it be achieved soon?
Reply
Mala501
a year ago
Trade Is Active Now
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