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GIgor_021
Feb 20, 2020 6:12 AM

USDJPY: possible buy scenario  Long

U.S. Dollar/Japanese YenFXCM

Description

Japanese yen weakened around 1,5% against USD yesterday and i think it should continue it's trend...

...jumping in now would be fomo, so it's better to wait for better prices (which we might not get).

Joining bulls from 110.65-111.05 price zone with 113.00 T/P provides decent R:R.

Keep in mind that this idea might be realized in several days and opening long position in USDJPY results positive swap.

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Trade closed: stop reached

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