philipmjtrading

USDJPY next 24 Hour Breakdown of Potential Playouts

FX:USDJPY   U.S. Dollar / Japanese Yen
1. If resistance holds at 110.347, looking at a mild sell off to 110.20 to retest bullish trend line .

2. Retest of bullish trend line , if holds then anticipating a retest of upper bullish trend line .

3. If resistance of 110.347 is broken, I anticipate a further upside move to our next level of resistance of 110.662.

4. If trend line is broken, then anticipating bearish targets of 109.71.
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