Get started
francesgurton

USD/JPY - long

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
francesgurton  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns USDJPY chartanalysis Fibonacci Retracement restsandbreakout trendtrading Chart patterns Technical Analysis confluence
3
2
trendanalysis chartpattern usdjpy chartanalysis fibonacciretracement restsandbreakout trendtrading chartpatterns technicalanalysis confluence
We could see a retest of previous resistance here at 109.25 followed by rejection and continued bullish movement.

Will look for:

- Rejection off of previous resistance
- Rejection off 61.8% Fibonacci level
- Bullish confluence among indicators
- In line with the current uptrend
- Bullish fundamentals
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.