TheWackTrader

USD/JPY (Rise or Fall? The Great Mystery)

TheWackTrader Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Well seen the we broke that Weekly Trendline I've been more excited about the Bull moves than I've been about the Bears doing their thing.

In this specific very simple analysis, I would be looking to bBuy once we break and reject the Resistance level of 109.704

Ofcourse should the market do what its known for which is doing what no one thinks it will do I'll be looking at a Short after we break and reject the Support level of 109.359.

Please feel free to leave your comments.

Thank You.
Trade closed: stop reached

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