rkarara
Long

TREND CONTINUATION TRADE FOR UPCOMING WEEK - USDJPY - LONG

FX:USDJPY   U.S. Dollar / Japanese Yen
SEE PICS BELOW FOR FULL VIEW!

DAILY CHART
- price in a uptrend
- making higher highs and higher lows
- price broke out of a little consolidation phase and broke to the upside
- price not broken below 112.030 which is the next support level
  daily chart )
- short term downtrend on 4 hour chart but not made a lower low
- 112.800 level is holding to stop the lower low happen
- 112.800 level nice phycological number has held as S/R in the past multiple times
- possible entry from this level
  double bottom for entry
 
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