Tag Archives: usdjpy

Sell US Dollar – Japanese Yen TP: 107.00 SL: 110.25

Sell US Dollar – Japanese Yen We just made a restest of the uptrend line (green one). Now we can go further down to hit the target and complete the wedge we are creating. This is an important support level. After we hit the target we may go up again! TP: 104.7 SL: 110.1

Buy US Dollar – Japanese Yen USDJPY has reached the downside of the bigger uptrende we move in. As we can see we possibly heading for a retest of the smaller purple uptrend and after that continu the bigger uptrend by breaking the red dotted line. First targer will be the red dotted line. Never sell in a uptrend! Also first see if the green support holds the downward movement. TP: 113.325 SL: 106.830

Sell USDJPY signal for forex

Sell US dollar / Japanese Yen Flag has been created. Double top in flag. If we break the small uptrend we may see further downside movement. First I expect the same move size as before. If we don’t break we may touch the red dotted downtrend line. That would be our second entry point before going down. TP: 106.461 SL: 113.932

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