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Forextuitions

LONG USDJPY

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Forextuitions  
FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns USDJPY usdjpylong usdjpyanalysis lalitmatta forextuitions
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chartpattern usdjpy usdjpylong usdjpyanalysis lalitmatta forextuitions
USDJPY Still the pair large trend shows another leg down towards 108.00, after FOMC dovish statement the pair fall again from strong resistance. Currently the pair trading above on strong support could possible temporary bounce with resistance at 110.85/111.05 now ideally capping to keep the risks directly lower to test the low of the year at 108.13.

Long 109.05/108.90

Target: 109.90
Stoploss: 108.55

Gud luck!

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