peterbokma

USDJPY-ST BUY strategy

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
We are likely going to move back above 129.27 due to short-term strength. This does not change the overall view of seeing 125.57, but for now for those trading short-term, the chances are we may see move back up.

Strategy is BUY 128.20-128.40 and place stop-loss 127.70 and take profit 129.27.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.