orvilleawright
Long

BULLISH USDJPY Weekly:Breakout of narrow range consolidation

FX:USDJPY   U.S. Dollar/Japanese Yen
Nov 10 2015: BULLISH USDJPY             Weekly:Breakout of narrow range consolidation
(Analysis Based on weekly chart)

Observations
1. For the past couple of weeks this pair has been trading in a narrow range.
2. Last week close broke that narrow range high of 122.01
3. I expect price to at least move higher to the 125.846 highs

NOTE: Wait for price action to confirm the importance of these levels.

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