USD/JPY trades above trend line resistance, targets 125/125.85 Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jun 24, 2015 4:00 AM

USD/JPY breaks trend line resistance at 123.60 and this confirms short term bullishness, a jump till 125/125.85 is possible.

Intraday weakness only below 123.45. Break below will target 123/122.45 in short term.

It is goo to buy at dips around 123.85 with SL around 123.45 for the TP of 125/125.85

Comments

wwfm

⋅ Jun 24, 2015 4:06 AM

agree

beamer

⋅ Jun 24, 2015 4:05 AM

If USD jumps, there can be direction that GBP is heading to :)