FX:USDJPY   U.S. Dollar / Japanese Yen
Hey Guys, We are keeping our bias bullish for UJ over the next few weeks and have identified a potential area where this chart may find a higher low structure level at 113.200. This is based on a support and resistance level which has been tested on both sides and a previous higher high point. We have a target of 114.778 and a stop loss at 112.900 giving us a very good risk reward of 5.26/1.
Trade active: Trade has performed very well so far in a short space of time. We have noted small areas of resistance at 114.245 and 114.495 however price should be strong enough to break through and hit take profit.
Well done to our students who analysed took this trade with us!

The Trading Division Team
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out