Get started
ThemasterFxIdea

USDJPY on the M30 time-frame

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ThemasterFxIdea  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis themasterfx
1
0
trendanalysis themasterfx
USDJPY may rise 66 - 91 pips

Our preference
Long positions above 131.90 with targets at 133.45 & 133.70 in extension.

Alternative scenario
Below 131.90 look for further downside with 131.55 & 131.20 as targets.

Comment
The RSI shows upside momentum.
Daily and weekly charts are also bullish.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.