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haylettc

Incoming USDJPY Long Opportunity

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
haylettc  
FX:USDJPY   U.S. Dollar / Japanese Yen
7
0
It's looking like we just may get our retest of the 112.600 demand zone! We have three major factors converging at that point:
1. Retest of the broken channel on the daily.
2. 78.6 Fibonacci line.
3. 112.600 is historically a fairly strong demand zone.
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