OGFXTRADER

USDJPY LONG PRICE ACTION FORECAST

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Capturing the bullishness in the DXY, the USD is recovering some lost grounds from previous trading sessions. This current uptrend bias is presented in this pair.

Price is currently fighting with a resistance level where a breakout from this area and retest will trigger a buy limit entry capturing the coming uptrend momentum.

The order:
Type: buy-limit
S/L: 38 pips - R:R | 1:3.4 -
T/P: previous resistance level

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