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NJONGO_1

USDJPY UPTREND BUY OPPORTUNITY AT 112.000

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
NJONGO_1  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns
2
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trendanalysis chartpattern
the pair was rejected at 114.500 after forming a Head and Shoulders Formation in which price dropped down to 111.628 which is 50% on the Fibonacci Retracement Tool.

the long term outlook for this pair is Long and looking at Topping out at 114.500.

I have identified a 112.000 entry with a 111.400 Stop Loss and 113.400 Take Profit
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