OrganicFX

USDJPY Breakout

Lång
FX:USDJPY   USA-dollar/Japansk yen
After a nice breakout of the long-term downtrend channel over the last few weeks, Dollar Yen looks like an end-of-correction on the 1-4hr today for another long entry.

Looks like there's plenty of room to the upside and looking for a test of the top of the falling wedge trendline.

Cheers
Dale

DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation.

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