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Signal_Centre
Jul 1, 2019 7:47 AM

USDJPY - Mind the GAP Long

U.S. Dollar/Japanese YenFXCM

Description

FX:USDJPY
OANDA:USDJPY
FOREXCOM:USDJPY
SAXO:USDJPY

USDJPY - Intraday - We look to Buy at 107.85 (stop at 107.55)

We have a Gap open at 107.91 from 28/06 to 30/06. The previous swing high is located at 108.80. Immediate signals are hard to interpret. Intraday, and we are between bespoke support and resistance 107.85-109.25. Preferred trade is to buy on dips.

Our profit targets will be 109.25 and 109.52

Resistance: 108.80 / 109.01 / 109.25
Support: 108.85 / 107.55 / 106.78
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