USDJPY: Watch For Longs In This High Probability Buy Zone

Long

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

USDJPY

usdjpy

Price has broken above a daily dowtrend and we already see that a pullback has started. In case that price retrace to test the broken downtrend it will enter a zone where we have the lower parallel of a upslope median line and the 0.618 fib retracement of the upmove whch broke the downtrend. All meet at a zone where any buy setup completion will be a great opportunity.

Have a nice trading week..!

Daily downtrend:

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