Michael_Harding

USDJPY Holding Short - Target Remains at 107.40

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Hello Traders,

Earlier I posted a trade setup with this pair. Trade went through. When I first analyzed the pair my initial sell stop was placed at 107.60 but I price action continued to move north which gave me a better entry price at 107.68.

Currently holding onto a profitable trade. For good risk management purposes, stop loss is now moved to breakeven.

Target remains at 107.40

Cheers!

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