david.cummins.581

USD looks to rally higher.

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
We have seen some major strength in the USD against the Yen in the past year and i can't really see any signs to see that it will slow down. If we can sustain a close above the current resistance area that we are in then i will definitely be entering long positions. We can see we have just come out of a consolidation range with a large bullish engulfing candle and we already have strong momentum behind the move this month. My price targets are fairly obvious. I have my stop placed just under the highlighted support area.
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