USDJPY breaking out to 112 level probable
Hey everyone and welcome to SUNDAY FUN DAY! Tonight we're looking for USDJPY to break past the 200 Moving Average and head towards it's next level of resistance, found at the 112 level.
Here's the plan:
Entry:
Usd jpy @ 111.275-111.400
Sl 111
Tp 112.2
As always, remember proper risk management and expectations! We're rocking between a 30 and 40 pip loss for a lovely profit potential of just above 3:1.
Best,
ForexNick
Here's the plan:
Entry:
Usd jpy @ 111.275-111.400
Sl 111
Tp 112.2
As always, remember proper risk management and expectations! We're rocking between a 30 and 40 pip loss for a lovely profit potential of just above 3:1.
Best,
ForexNick