U.S. Dollar / Japanese Yen
Long
Updated

USDJPY Long Trading Range

431
Bull run not over! USDJPY has blown past my previous resistance price of 126.300 as expected.

USDJPY Bull Run Not Over


The new trading range is based on the last time the price reached these highs in April 2002.

I have a support/entry point of 126.400 and a resistance of 127.330.

Possible TP points: 126.600 | 126.800 | 127.000 | 127.330

For more frequent updates be sure like to like this post and let me know what you think in the comments.
Note
First TP reached.
Possible retracement before moving forward
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.