TradingView
mendrinvest
Jun 22, 2014 7:25 AM
Three clear reasons for a USDJPY Long
Long
FX:USDJPY
60
U.S. Dollar/Japanese Yen
FXCM
Description
⋅
Jun 22, 2014 7:25 AM
1. Resistance becomes support.
2. Same area has a 50% retrace confluence.
3. Same area also includes the 102 even level.
R/R for this trade is a little over 2:1.
More