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USDJPY LONG ** Just entered - Daytrade on the Hourly
U.S. Dollar / Japanese Yen
Long
USDJPY LONG ** Just entered - Daytrade on the Hourly
By ppp7
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Aug 4, 2015
1
Aug 4, 2015
Just entered this long along with the EURUSD Short.
This is more of a correlation n channel scalping type of trade as i'm already went long, the USDJPY correlates accordingly with bullish momentum.
As for price action, the bigger timeframes all show it is going higher but over the last week it hasnt really done much.
If price breaks higher above the red box, this will be in line with the bigger timeframes.
Expected target is around 124.45
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