USD/JPY-Buy only above breakout of 121.50 Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Nov 4, 2015 3:13 AM

USD/JPY faces strong trend line resistance around 121.50 and any break above confirms further bullishness, jump till 122.40 is possible.

On the downside minor support is around 120.75 and break below will drag the pair till 120.50/120.30/119.95 in short term.

Further weakness can be seen only below 119.60.

It is good to buy only above 121.50 with SL around 120.98 for the TP of 122.40/123.10

Comments

fabfoot

⋅ Nov 4, 2015 12:34 PM

I like the CCI with Histogram Indicator but I can't find it in the indicators button. Is it available on TradingView. If so, where?

FxWirePro

⋅ Nov 4, 2015 12:36 PM

Go CCI in that u will have options Style . U can click that Style to histogram