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FXDavid
Jul 22, 2018 7:52 AM

RETEST THEN LONG Long

U.S. Dollar/Japanese YenFXCM

Description

Get ready to sharpen your spears traders. Watch this for Retest of broken longterm descending channel USDJPY has found itself in. Look to buy this pair once we see 110.4-110.9 area in play, possibly even 111 and aim for the 115, which is key fib level and a swing target of mine.

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Hope you guys took the opportunity highlighted above to buy the dip and retest of broken weekly channel.
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