15 August 2018, USD/JPY
11
Technical observation:
USDJPY is currently rallying around 111.27. This is just a couple of pips above the key line 111.04, as I stated few days ago, while the price is above the 111.04 handle, I expect a surge upwards with an ultimate take profit at 114.00. If this take profit is taken out, then further rally towards 118.00 or even higher is expected. On the lower side, a breakout below the daily support line 111.040 will attract a long term sell position with my take profit at 108.40. On its way downwards, the key lines include 110.21 and 108.
Trade Signal
look for a buy candle with an ideal take profit at 114.00
101% Double the volume
!Attention!
All bonus participates in drawdown!