ClearEdgeFX

USDJPY 15M - STEEP TRENDLINE GOING UP

FX:USDJPY   U.S. Dollar / Japanese Yen
4
A fairly steep trendline going up on USDJPY 15M timeframe. Should the trendline break we probably wouldn't go short until the price clears the 1.2411 level with a strong bearish candle aiming for a target of around 1.2370 or at least the trendline just above it. The overall bias for this pair is long though so that should be kept in mind.

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