FX:USDJPY   U.S. Dollar/Japanese Yen
215 0 9
My full break down of this pair is on my chat/blog here on TV trading with pivot points and pivot trend lines - I use supply and demand for entries and targets. Price is above the daily pivot point and steadily building demand to support price - we have a supply zone price is coming to that is already tested and a fresh zone above that one. Four demands below one minor one tested two fresh - Im looking for the second from top to hold price. target 116.08 to 116.28 represents the pivot lows, 113.08 is entry alternatively 113.24 the pivot high which increases risk, stop 112.70 - risk on trade is 38 to 54 pips depending on entry. Reward 280 pips. The odds decrease with every demand price breaks for a long play. Trade well everybody.
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