themdtrader

USDJPY - Range-bound play?

Long
themdtrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
I have started expanding slowly into the fx market, so we shall see how that works out over time.
This is just a straight-up range bound play I see here. There seems to be an initial move already from the support level.
I am bullish from this point onward unless it's a false move the breaks down below the support level.
Stop at 108.109
Target at 112.654
Trade closed: stop reached:
This is a "no go"... at least for now. On to the next one, market has been very interesting recently.
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