FxWirePro
Long

USD/JPY trades higher, intraday weakness only below 123.30

FX:USDJPY   U.S. Dollar/Japanese Yen
301 1 7
USD/JPY             has made a high of 123.95 yesterday and trading at 123.81. Intraday trend is bullish as long as minor support 123.30 holds.

Any break below 123.30 will target 122.90/122.40 in short term.

Short term bullish invalidation only below 122.90.

On the higher side minor resistance is around 124.40 and break above target 125/125.85.

Indicators (4 hour chart)

CCI (50) - Buy

Ichimoku- Buy

It is good to buy at dips around 123.70 with SL around 123.30 for the TP of 124.40/125
Thank you for your idea. I follow you
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out