finmaga

USDJPY Trading Strategy

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USD JPY Trading Strategy based upon Trend

80 SMA -> Uptrend
480 SMA -> Uptrend
14 RSI -> Uptrend
Go Long when price touches the trend line
Stop Loss - 40 Pips below the trend line .
Profit Taking - Resistance line at 113.13

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