LADEEc57

$USDJPY | Target $111.50 then Ascension

Long
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
6
USDJPY Folks, I'll be brief here on the 4hr chart. Next weeks session target is $111.50, as shown by the red horizontal line. The green shaded area is where I think price range will be in next week. Should price action pause at red line for a few bar ticks, watch for a break out towards $112.88 barrier.The idea here is that price action is to resume back in to the rising channel as shown in the blue sloping line.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.