BrendanSchaefer

USDJPY Long Position for 6/04/2017

Long
FX:USDJPY   US-Dollar / Japanischer Yen
7
My prediction for tonight is a long position (buy) on USDJPY. My indicators, SAR and MA, as well as my personal charting have given me strong indication to buy UJ at 110.450. With this, I will be looking for about 45 pips from this pair. Take profit is set at 110.900, and stop loss is at 110.225. Look for updates on this idea, as well as other pairs from me in the upcoming weeks. This prediction came as a tad late for those looking, but I had entry in earlier and just now got on tradingview to update my current idea. I was unsure with the pair because of the hours of consolidation it was in, but I think it is on its way.

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