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Profound_Ambition

USDJPY DAILY

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Profound_Ambition Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Supply and Demand USDJPY DJ FXCM Index japaneseyen breakout retest higherhighs
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trendanalysis supportandresistance supplyanddemand usdjpy usdollar japaneseyen breakout retest higherhighs
Change of perspective on this one, price broke its daily downtrend line/ resistance (112.300), now turning support. I expect price to consolidate above this broken trend line until news tomorrow as well, this one also will require some patience. Yen has been very weak this week overall, not having much followthrough causing a break of resistance. Will be on the watchlist for PPI numbers out of the US..

Trade with care!
Comment:
4 hour:
snapshot
Comment:
looks like UJ is going to fall it broke support 112.300
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