Trend ride till exhaustion and possible reversal from
USDJPY is up and rallying, the long term and short term pictures are heading north backed up by fundamentals on both currency pair components the USD and JPY. Our entry setup is pretty simple it's a buy on pullback at first support or in between the 20 and 50 periods hourly moving average (both valid entry zones).
Target is found at 107.31 and SL is right below 106.305 at 106.14 to avoid easy stop hunting.
Target is found at 107.31 and SL is right below 106.305 at 106.14 to avoid easy stop hunting.
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