Get started
wolfpackforex

1W USDJPY Potential Trendline Breakout

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
wolfpackforex  
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Forex LONG breakout Trend Lines
4
2
usdjpy forex long breakout trendline
USDJPY
As you can see, the 1W Chart showed a clear equilibrium in late 2014. Price has now found support, this will be confirmed by price 1D price closing above the drawn Trendline. First Target is at 121.2.
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.