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USDJPY might go up to forms a resistance level

Long
Dollar Américain / Yen japonais (FX:USDJPY)  
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FX:USDJPY   Dollar Américain / Yen japonais
Trend Analysis priceactionanalysis
3
0
trendanalysis priceactionanalysis
Analysing Forex from The Market side & perspective.

USDJPY has stopped out seller positions at 107.42 yesterday and no significant movement since then. There are two trader positions at the moment, they are buyer positions at 107.25 and seller positions at 107.81. According to the last market movement, USDJPY might go up again to form a resistance level before deciding its next movement.

Idées en relation

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A sideway market and we wait for a new trend starts
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Tight trader positions and prepared to be stopped out
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