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Sumikko

USDJPY needs a rest from all that downward climb

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Sumikko  
FX:USDJPY   U.S. Dollar / Japanese Yen
1
0

Weekly: shows the price just formed a new red candle below the 633EMA and may be having a pullback soon.

Daily: shows the price on support. This is strong support if we look to weekly chart we can clearly see that.

Wait for the signal to enter Long on this one.
Set first TP at the 36 EMA of the daily
2nd TP at the 633 EMA of the daily.

Set SL below the daily low.

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Sumikko
Finally EURUSD is showing some action.
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