USDJPY - watch for breakout of 200 EMA - possible buy

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jun 5, 2019 5:04 AM

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

⋅ Jun 6, 2019 12:03 AM

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

DACapitalTrading

⋅ Jun 6, 2019 7:15 PM

Great Setup following you now :) , I have a Long position running on USDJPY right now what do you think?

traderparag

⋅ Jun 13, 2019 4:45 AM

@DACapitalTrading, As long as it holds above 108.35 - it's healthy to hold on to the longs...