USDJPY stoploss hunting and buy zone

Long

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

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

Trend Analysis Chart Patterns

trendanalysis chartpattern

Last spike down didn't go through 1.08 to get all stoplosses, and the chart shows a USD demand zone. Buy orders set in the box with SL below.

Comment:

Just noticed that there might be a lot more downside:

USDJPY Monthly Trendline broken

Trade closed: stop reached:

The monthly chart won.

Related Ideas

about USDJPY

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