cowboy

USDJPY

Long
cowboy Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
7
Focus on the USDJPY ,there was a big drop down after the JCB's meeting yesterday. but the price hit the important support line at 100.00 today.
the price keep droping to make a lower low ? i don't think so.
i will buy at 100.00 ,the stop loss will below 99.50 .
good luck.
Comment:
look at the chart here ,the previous resistance at 101.60 to 101.80 area ,so if you buy at the bottom ,i suggest to take some profit when the price hit the zone .
Comment:
attention ,the price hit the yellow area ,and go to face the down trendline soon. i see the rising energy is slowiing down.
Trade closed: target reached:

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