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Weekly trade USD JPY long


Guest oilfxpro

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Guest oilfxpro

Long  110.16  , stop 109.76

 

Close on break of trend line  on 4 hour charts.  If buying on dollar continues , if interest rates expectations go higher , these fundamentals will drive prices higher.Previous threads here

 

https://community.ig.com/t5/Foreign-Exchange-FX/USDJPY-long-term-supports/m-p/20177#M2590

 

https://community.ig.com/t5/Foreign-Exchange-FX/Weekly-option-trade-USDJPY/m-p/21372#M2775

 

usd jpy trade of the week.jpga

 

usd jpy.jpgusdindex.jpg

 

 

 

 In regards to the  analysis, no representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. IG  or original poster accepts no responsibility for any use that may be made of these comments and for any consequences that result.

 

 

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