USD/JPY Short Term Weak Buy Signal

Long

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

Updated

OANDA:USDJPY U.S. Dollar / Japanese Yen

trendanalysis indicator beyondta usdjpy usdjpylong dollar japaneseyen dollarsignals dollarsetup japan longsetup dollaryen

As you know, USD/JPY had a thriving week for the bears. We believe it is time to have a short term correction. Having said that, you should not be putting a lot to risk as bears still look powerful. However, we share it since we see a good opportunity risk/reward-wise.

Follow to hear more.

Entry: 108.00
Stop: 107.7
Target: 109.25

Have a nice week!

Trade closed: target reached:

Thanks. It was a good trade.

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