Similar to EURJPY,
USDJPY
is testing major weekly and monthly support. If respected we can expect a major move upwards. However, this is a stronger and tighter support zone.
RSI and Stochastic are signaling upward moves as well.
T/P Zones will be updated shortly.
We are risking a little over 4% total on this pair as a whole 1:2 risk-to-reward ratio.
USDJPY
is testing major weekly and monthly support. If respected we can expect a major move upwards. However, this is a stronger and tighter support zone. RSI and Stochastic are signaling upward moves as well.
T/P Zones will be updated shortly.
We are risking a little over 4% total on this pair as a whole 1:2 risk-to-reward ratio.