Signal_Centre

USDJPY - Wedge offers upside bias

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY
USDJPY
USDJPY
USDJPY

DAY TRADE - Cancel @ 9.00pm (UK)

USDJPY - Intraday - We look to Buy at 107.80 (stop at 107.50)

3 positive daily performances in succession. Selling posted in Asia. Trading within the Wedge formation. The trend of lower highs is located at 108.40. Preferred trade is to buy on dips.
Our profit targets will be 109.00 and 112.35

Resistance: 108.40 / 109.00 / 112.38
Support: 107.80 / 107.50 / 107.00

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