USDJPY To Continue It's Rebound

OANDA:USDJPY   U.S. Dollar / Japanese Yen
The rebound from 101 continues and the market got to the within 10 pips of the trendline. The bias is on the upside and if we break the trendline and get a buy setup then the upside will be confirmed.

Levels to watch out for;

1.) Previous structure high which will now act as a minor resistance @ 112.20
2.) Resistance at 114.60 (Oct. 2018 High)
3.) Resistance at 118.60 (Dec. 2016 High)

Thank you for you support!

Any comment is welcomed!

Keep It Simple!


Great analysis! looks like it is approaching the trendline again. check mine:
+1 Reply
@FXCM, Yes you are absolutely right! Thanks for sharing your chart
Amazing Analysis Sir
+1 Reply
Joseph_Yabwa King_Rahman
@King_Rahman, Thank you bro
Very good analysis bro
@practor, Thank you bro
@practor, Thanks for the comment
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