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ShawnTheTrader

USDJPY Long Trade

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
ShawnTheTrader  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY LONG buy support Support and Resistance priceaction
4
0
trendanalysis chartpattern waveanalysis usdjpy long buy support supportandresistance priceaction
As seen from the chart, the price of USDJPY currency pair is now at the support level.

Price is expected to move to the nearest resistance level.

Trade is further confirmed by an overall uptrend as seen from SMA(100).

Do let me know what you guys think.
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