USDJPY Upside Breakout For Long.

OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is trading near a strong resistance zone , which as tested several times earlier. It is trading in the ascending triangle pattern as well. We might see a breakout from pattern soon in an upward direction. One can initiate the long trade with a stop loss just below the resistance line of the ascending triangle pattern.

Note - Trade With Proper Risk Management System



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.