USDJPY LONG
USDJPY has being bearish for weeks , now price tested a key level at marked zone and rejected it & has closed back above another important zone.We can also see the large engulfing candle showing lots of bullish momentum on the Dollar. If not yet in the trade , wait for minor retracement , to the marked zone then jump in .If it doesnt retrace and continues bullish can look for another setup.Trade will only become invalid if price breaks back below the 104.36.
In Conclusion Usdjpy is bullish for longterm investements .
In Conclusion Usdjpy is bullish for longterm investements .
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