DDMARKETS

USDJPY 15min Signal: Decent Dip for a Snap Scalp

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
There is a potential long entry (scalp) in USDJPY via the 15min Chart (lines highlighted). The break above the neckline (reversed H&S) may suggest some gains are due for USDJPY. It may also support our prior entry in EURUSD that was recently published.

The potential target is 107.35, the support at 107.25.
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