Get started
Peet_Serfontein

USDJPY: higher highs and higher lows

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Peet_Serfontein  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
A price action above 134.85 supports a bullish trend direction.
Increase long exposure for a break above 137.30.
The target price is set at 139.15.
Stop-loss is set at 134.20.
The pair might be aiming to reach its 200-day simple moving average.
Remains a risky trade.
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.