salmankh

USDJPY Still Bullish?

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Despite long rise and RSI diversion, USDJPY is still showing signs of further rise towards 132.40 and then 133.40-70 zone. A break below is possible looking at the charts, however the momentum still remain Bullish, after breaking all time highs, fibonacci and going through the roof. Wait and watch for a clear direction before jumping in. Many news coming out from tomorrow which could play a major role here. Follow for more updates and trade ideas.

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