the5erstrading

Swing analysis USDJPY 30/03/18

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
For the swing traders among us here are the key levels for USDJPY.

It seems the swing momentum has changed from bearish to bullish,

There is a high probability the price tends to reach the supply at the top,

If we are looking to join this momentum the demand below seems like a great

Demand level of buy position, I'll buy at this demand and my first target will be

The resistance above, the final target is the supply at the top.
Comment:
I'll roll the stop loss to 105.72

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