DollarYenQueen

USDJPY Buy

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DollarYenQueen Uppdaterad   
FX:USDJPY   USA-dollar/Japansk yen
Expecting UJ to slowly break into a buy after staying within resistance and support prices 132.600 and 131.600 since early Monday. MA convergence here + indicators show signs of a nice upward movement.

I am also expecting the 10-year bond auction today to favor USD as well, which should drive prices for the short-term.

Buy Entry: 133.000
Targets: 133.375 | 133.700 | 134.100 | 134.430
Resistance: 134.750

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Kommentera:
Support/Stop Loss: 131.300

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