JonathanSim

IS USD/JPY finally going to break 114.5??

Long
FX:USDJPY   Dollar Américain / Yen japonais
Hi Mates,

I'm sure you have noticed a major confluence of resistances at 114.5 for UJ. A clean break (D1 or W1 candlestick close above this level) is required to propel it to 115.5, or possibly even 116.0-116.8.

I'm LONG on this one, as DXY has yet to retrace to 38.2% from the lows of September 2017. I had set a long trade BUY STOP at 114.6!

Best of luck, and many profits to all!

P/S Please exercise due diligence and risk-management in trading.
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