U.S. Dollar / Japanese Yen
Long
Updated

USD/JPY Trading plan for next week

1 734
Currency rate bounced up from key level 111.66. On the chart, you see that big tail, Technically it's a powerful signal that price will move up.

I will look where to open Buy near 111.66 1-st goal will be 112,80 2-nd goal is 113.20

Short (Sell) We can open If D1 close under 111.66, that will be a signal that price will move down to 110,38


On H4 you can see price reaction snapshot

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Note
USD/JPU is moving up
Next goals is 112.44

snapshot
Trade closed: target reached

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