Happy Weekend Traders.
Since the early of January where all traders has been shocked by Flash Crash , USD/JPY has going up from price at 104.676 and now still bullish at 109.760 with 500 pips within 16 days. We can see from 4HR chart, USD/JPY will continue their rising probably to the price of 113. My view for this trade is take a long from 109.665 or 109.499 with a safe Take Profit at 110.182 and tight Stop loss at 109.291
Since the early of January where all traders has been shocked by Flash Crash , USD/JPY has going up from price at 104.676 and now still bullish at 109.760 with 500 pips within 16 days. We can see from 4HR chart, USD/JPY will continue their rising probably to the price of 113. My view for this trade is take a long from 109.665 or 109.499 with a safe Take Profit at 110.182 and tight Stop loss at 109.291