jasperlawler

USDJPY to move toward 113 in line with uptrend

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Dollar yen has broken out of its long term triangle pattern- LT resistance near 114.5

Scenario A) 4hr correction ends - trend continues to 113
Scenario B) 4hr correction has further to go - look for new longs near 112
Trade closed: target reached:
Scenario A) played out nicely

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