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PlutusX
Aug 12, 2019 9:51 PM

USDJPY Long Long

USD/JPYOANDA

Description

Similar to EURJPY, OANDA:USDJPY is testing major weekly and monthly support. If respected we can expect a major move upwards. However, this is a stronger and tighter support zone.

RSI and Stochastic are signaling upward moves as well.

T/P Zones will be updated shortly.

We are risking a little over 4% total on this pair as a whole 1:2 risk-to-reward ratio.
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