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HeavyMossMan
Jan 31, 2015 1:45 AM

Looking for Ichimoku Breakouts on the USD/JPY 

U.S. Dollar/Japanese YenFXCM

Description

Now I know everyone has been buying this based on the news that the Yen will strengthen at some point in the next fewweeks, myself included, however I actually think that waiting for a breakout at either 121 long or 116 short will provide a much clearer indication of where the next trend will occur. The price is currently ranging so its not clear which way it will go.

Hopefully up as I made a long before the madness!
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