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USDJPY - Monthly Chart Analysis

Long
Dollar Américain / Yen japonais (FOREXCOM:USDJPY)  
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FOREXCOM:USDJPY   Dollar Américain / Yen japonais
Trend Analysis Chart Patterns Technical Indicators USD USDJPY longsetup longterm longterminvesting DXY dollarindex currencytrading usdjpylong
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trendanalysis chartpattern indicator usd usdjpy longsetup longterm longterminvesting dxy dollarindex currencytrading usdjpylong
Price created a LH in the structure at the beginning of March and has been moving nicely to the upside. There is some major rejection happening at the 110.3 level. If price is able to get above and hold daily resistance, 29 EMA, and trend resistance there could be a runup to 115. Everything depends on what will happen with the U.S. dollar of the next several weeks.
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