Hello traders, USD/JPY is trading at 108.85. The Pair just broke the support level at 108.62 to start a new up trend. The price was moving in a down ward resistance and support wedges and after breaking support level started a new up trend. Its target price will be the strong resistance level at 109.23.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat