A.Sankar

Levels to watch today

A.Sankar Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
7
we still in a strong uptrend reaching strong weekly resistance ,so far i'm neutral because the price is on a strong support creating higher low with buy signals and weekly resistance , If you are a seller watch for a breakdown at 114.76 then wait for a retest , And if you are a buyer watch for a breakout at 115.47 and wait for a retest .. we have news today for the dollar so take your decision after the news ...good luck
Comment:
you can see the price action on the higher lows is telling us that still want to go higher , this is why I didn't short this pair as the price hit the daily resistance ( You have to be right when the majority is wrong )
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