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Traaaderz

USDJPY Buy on rally

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Traaaderz  
FX:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Trend Lines
5
0
supportandresistance trendline
USDJPY has been gaining momentum since Feb 4 but encountered a pullback that was completed on Feb 10. It has now pushed through the support and retraced giving confirmation for a long position and a good level for entry.
Target is upper channel = 111.08 (.97%)
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