petyaaa6

UJ - Long opportunity

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
As we see, lately UJ was in a tough downtrend, which is not a huge surprise after that rocket in late 2014.
What we can see, is we reached a pretty strong support area, and it shows that here is the end of the ,,lower low" form, so we can expect a breakout for upward. Next days will be crucial, if it happends, first target can be the 105.400 area
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.