traderparag

USDJPY - watch for breakout of 200 EMA - possible buy

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is stuck in an important Support zone (on Daily/Weekly) - if it breaks above the same - and also above 200 EMA on 15 minutes, it can be bought on a pull back..
Comment: Price is still hovering around upper line of the support zone - of 108.344 - once it clearly is stable above this level, it is a good buy...

Comments

Great Setup following you now :) , I have a Long position running on USDJPY right now what do you think?
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traderparag DACapitalTrading
@DACapitalTrading, As long as it holds above 108.35 - it's healthy to hold on to the longs...
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