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Anpu
Jan 28, 2020 8:02 AM

USDJPY | Local Uptrend Long

U.S. Dollar/Japanese YenFXCM

Description

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Initiate Long.

Entry - 109.227
TP1 - 110.269
TP2 - 110.795
SL - 108.885

Reason: Price was supported by Ichi Cloud. Also we have a local Uptrend (Ascending channel and Behavior of RSI confirms the local bottoms for the price.)

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.
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