Conditional LONG on USDJPY towards long term resistance
USDJPY just recently bounced once again from the 200 hour MA after breaking a well respected trendline on the hourly.
A failed trendline breach and a recovery above 114.0 could a trigger further gains towards recent highs at 114.8 area and a followthrough targeting the 115.57.
BUY @ 114.0
STOP @ 113.45
TARGET_1 @ 114.8
TARGET_2 @ 115.5
A failed trendline breach and a recovery above 114.0 could a trigger further gains towards recent highs at 114.8 area and a followthrough targeting the 115.57.
BUY @ 114.0
STOP @ 113.45
TARGET_1 @ 114.8
TARGET_2 @ 115.5
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