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traderparag

USDJPY - watch for breakout of 200 EMA - possible buy

U.S. Dollar / Japanese Yen (FX:USDJPY)  
traderparag Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Multiple Time Frame Analysis Moving Averages
6
2
supportandresistance mtfa movingaverage
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...
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