USD/JPY has been moving in tandem with the DXY. USD/JPY is especially sensitive when the DXY goes long. The area highlighted in ORANGE is PROFIT POTENTIAL based on the MONTHLY chart. The areas highlighted in RED are SUPPLY ZONES based on the WEEKLY chart. I take profits just before supply and manage my trades when price is in supply. I am entering USD/JPY long...
USDJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
