USDJPY - Pullback Trade Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jul 31, 2016 8:11 AM

1hr-chart:

Expecting USDJPY to pull-back to some upside now.

Should be wise to take quicker profit & anticipate a down-trend resumption (further on).

Best regards.

Comment

⋅ Jul 31, 2016 8:37 AM

Expecting a nice similar pullback for both GBPJPY & EURJPY as well:

But both AUDJPY & NZDJPY does not look so juicy as this (yet)...

CADJPY might be quite considerable (for this similar Long)...

Regards.