Technician

USDJPY: Potential For More Upside

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
5
Update : closed at 101.60.
Profit(pips)= -15x2=-30

Bullish breakout above descending resistance and horizontal resistance at 101.75, on a strong MACD positive divergence. This trade exceptionally has one target.


Trade Number 75
Accumulated Profit(pips)= +2692
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.