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USDJPY Long

Long
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
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FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Beyond Technical Analysis Wave Analysis forextradingeducation forextradingzones stocksignals forexsignals
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trendanalysis beyondta waveanalysis forextradingeducation forextradingzones stocksignals forexsignals
USDJPY pair has breached two consecutive important resistance levels namely R1 @ 107.933 cluster zone as shown and R2 @ 110.376 respectively. Current price action is viewed as a "wait and see" effect as price consolidates at minor resistance of 111.439. Consequently, next target is opened up and eyed @ 113.380/113.781 cluster resistance.

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USDJPY (Neutral at present)
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