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Mihai_Iacob

UsdJpy approaching strong support

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Mihai_Iacob  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpysignal forexsignals signalserviceprovider signalprovider
32
12
trendanalysis chartpattern indicator usdjpy usdjpysignal forexsignals signalserviceprovider signalprovider
After reaching my target at 138 zone, UsdJpy dropped hard and at this moment is approaching a strong support zone just under 134.
I believe after the touch of support the pair will resume its up move and a new leg up will follow.
In conclusion, dips in this zone should be bought with negation under 133 and a target of at least 200 pips.
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