TheAnonymousBanker

USD/JPY: Rebound during today' session?

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
From a technical point of view, some consolidation swing is possible on small time frames (15'). As we can see on 15' chart, the USDJPY pair may have developed an impulsive structure (12345). With this in mind, a bullish leg can appear during today's session with a first Target around 136. The market is waiting for the FOMC decision so be careful during this important event. This is a speculative setup (scalp) and requires experience and good risk management.

LONG TERM ANALYSIS (BULLISH)
(Click & Play on chart below)

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By Anonymous Banker
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