jameslasenby

USDJPY - LLT D - LT - WT LT

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
This is a play on a continuation of the strong dollar breakout. Anticipating a "shallow" corrective pullback .382 pullback into a weekly level @ 111.36. This level formed a prebo structure on the impulsive move up from the lows and that level was already tested once. I'm anticipating the level to hold again this time. Likely order will be filled on NFP tomorrow. Using a wide stop below even the next RRL.
This a positional play. Looking to hold this for a new high to be made and a retest of the 2015 highs.


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