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USDJPY > Levels to Watch
U.S. Dollar / Japanese Yen
USDJPY > Levels to Watch
By ALSM59
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Updated
Oct 20, 2017
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Oct 14, 2017
USDJPY > Key Levels > 10/15-20/17
Timeframe: 1W
Pair still signals bullish trend strength in mid-term, with loss in momentum within longer-term range.
Averaging price within 111.000 to 113.000 range while expecting strong support @ 111.58 level.
Firm break and hold above 113.45 resistance possible rise to 114.00/50 levels.
Firm break and hold below 111.58 support possible further decline toward 110.95 levels.
R3 112.85 R2 112.59 R1 112.22
S1 111.58 S2 111.32 S3 110.95
Pivot Point @ 111.95
High volatility expected as I believe we are in the "wacky" season where up is down and down is up!
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Oct 20, 2017
Comment
BUT Entry order placed
Entry @ 113.583
T/P @ 114.246
Oct 20, 2017
Comment
BUY of course
Oct 20, 2017
Comment
T/P changed to 114.424
Day Trade only
Target 84.1 pips
Oct 20, 2017
Comment
Entry changed to 113.726
Oct 20, 2017
Comment
Bullish trend remains as long as price stays above 112.00 level, extending to 114.50 area
Oct 20, 2017
Comment
BUY Pending order cancelled. All live/pending orders closed for over weekend
Total P/L for week day trades = +331.6 PIPS
1w
chart
Forex
levels
planyourtradetradeyourplan
Trend Analysis
USDJPY
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