4xbullion
Long

LONG USDJPY on hourly close above 107.36

FX:USDJPY   U.S. Dollar / Japanese Yen
97 1 1
The pair is forming an ascending triangle and a break and close above should see the pair reach previous structure and 61.8 retracement confluence at 108.12.
Also traders can aim for the price to reach 76.4% retracement @ 108.77.

Trade Type: Trend Continuation (Short Term)
Price: 107.36
Target: 108.12
Stop Loss: 106.92
Target hit. +70 pips
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