USDJPY Trade Idea
Currency Pair: USD / JPY
Timeframe: H1
Date/Time of Signal: 16th December 2019 / 2320hrs (SGT)
Review:
USD/JPY has been on an upward trend has broken the Resistance level of 109.20.
Recently, USD/JPY has tested and fail to break the new support level of 109.20.
With the current positive US-China Trade sentiment and a breakout momentum above the level of 109.50. Trade signaled to BUY USD/JPY (Entry: 109.51) with 3 Take Profit (TP) Targets (TP1: 109.71, TP2: 109.91, TP3: 110.11) and Stop Loss (SL) at 109.21.
Timeframe: H1
Date/Time of Signal: 16th December 2019 / 2320hrs (SGT)
Review:
USD/JPY has been on an upward trend has broken the Resistance level of 109.20.
Recently, USD/JPY has tested and fail to break the new support level of 109.20.
With the current positive US-China Trade sentiment and a breakout momentum above the level of 109.50. Trade signaled to BUY USD/JPY (Entry: 109.51) with 3 Take Profit (TP) Targets (TP1: 109.71, TP2: 109.91, TP3: 110.11) and Stop Loss (SL) at 109.21.
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