USDJPY: we continue to move upward from the earlier built support levels, so I confirm buy recommendation starting from 108-108.2 levels. PS: I trade using USDJPY trend line break approach. Only hourly price chart is used for a trend line, the line is drawn through at least two local lows or highs
I trade using USDJPY trend line break approach. Only hourly price chart is used for a trend line, the line is drawn through at least two local lows or highs. Now USDJPY support line connects the lows 107.700 and 107.600, therefore, as soon as the price breaks 107.800, I recommend to be short.