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Rayyan_2805

Possible Long Position for USDJPY

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Rayyan_2805 Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpylong usdjpyanalysis Technical Analysis signals
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trendanalysis chartpattern indicator usdjpy usdjpylong usdjpyanalysis technicalanalysis signals
Possible long position for USDJPY. Price has been moving above both the 200 and 50 EMA indicating a long bias. Price has also broken a local resistance zone so could be going up. Tiny stop loss of around 17 pips and a 100 pip take profit, good risk:reward.
Comment:
17 pip stop loss hit
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