YMGroup

Japanese Yen can break resistance line and continue to move up

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the Japanese Yen chart.

After flat price fell down from $138 to $133.6

Then Japanese Yen made upward impulse to resistance line, but soon fell again to support level $136

Now price trades close to resistance line and I expect that soon can break it.

Also I think that Japanese Yen after breakout of resistance line can make retest, and then continue to move up.

That's why I set up my target at $138 level.

I expect this movement in Monday when Forex market will opens.

This is my opinion, I really hope it will be useful for you.

Be prepared and save your money. Make big profits!
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