Long

USDJPY - Buying on weakness

USDJPY still in bullish bias and under a deep correction. The senko span 1 supports the market and made it rebound a couple days ago. Now, price will go to continue the upwared movement. The big target will be around 114.305.

The question is how we can ride this upward movement?

As you can see, in H4, market already breached resistance zone and from it, going upward for a while. Making a break from minor resistance (now become new support) 109.225-109.060 that will be the target of the itd correction now. So, observe this level carefully for the chance price can go back again to this new support. You can try to get new buying spot around that level.


Good luck then.

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