Michael.H
Short

USDJPY - Short

FX_IDC:USDJPY   US DOLLAR / YEN
Looking like a good opportunity to short UJ. It's trading between the trend lines and just hit a resistance level from a year ago and failed to break it. This resistance is also right at the point of the trend so it'll have to break both. If it does break, we'll see a massive move up towards the ~116.00 mark.

The Stoch RSI is curently oversold and the RSI has just hit a trend line .

Trade with caution.
Comment: Trade closed. Target hit.

Profit:730 pips
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