Get started
Killy_Mel

FX CHART OF THE DAY: USDJPY ON THE MOVE UPWARDS

Long
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
Killy_Mel  
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
USD (US Dollar) LONG uptrend
2
1
usd-us-dollar long uptrend
USDJPY is trading above upper 1st standard deviation from weekly (120-h) mean amid expanding volatility (measured by 3.2 standard deviations from weekly mean), which indicates a clear uptrend probability.

Traders can pick longs at pullbacks to upper 1st st deviation currently at 125.00 with stops at the weekly mean (124.70)
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.