Bullish reversal USDJPY Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Feb 8, 2016 1:15 AM

After a double bottom and positive NFP report/rekt JPY, we could see a full reversal for this currency pair.

Entry: 116.96
Stop: 116.72

Target 1: 117.9
Target 2: 118.6

A rise to over 121 is actually quite plausible in my opinion

Comments

LARP_Capital

⋅ Feb 8, 2016 8:23 AM

Stopped out at 117.2 in profit, albeit not as much as I had hoped for. Looking for reentry