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Mihai_Iacob

UsdJpy- towards 109?

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Mihai_Iacob  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpylong
10
0
trendanalysis chartpattern indicator usdjpy usdjpylong
UsdJpy found strong support just under 107.
With increased risk appetite and the price of Gold falling down I expect the pair to rise in the following days and reach 109 resistance.
Also, a trade with SL under 107 has a good R:R of 1:3
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