d.vezeris
Long

USDJPY 4H (11.08.2014) Tech Analysis Training

FX:USDJPY   U.S. Dollar/Japanese Yen
276 0 0
USDJPY             4H chart tech analysis shows the following:

The USDJPY             made a bullish development under the KUMO cloud (4H) breaching the Tenkan Sen (light green line) and now it is trying to reach Kijun Sen (blue line).

MACD is forcing bullish under the zero line. The RSI > 50 --> trying bullish .

Long USDJPY             as support line stay intact. Stop loss and short under 102.100
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