A buy opportunity on USDJPY will present itself if price is able to successfully break through the 107.4 - 107.5 area. The target will be at around the next area; about 110.6.
I say successfully because often times traders must watch out for fake-outs (false breakouts that see the price go back into the range it was in before).
This will happen next week, yet you can never be too prepared.
I say successfully because often times traders must watch out for fake-outs (false breakouts that see the price go back into the range it was in before).
This will happen next week, yet you can never be too prepared.
