Thursday 10 March 2016

USD/JPY

USD/JPY 

Currently Moving in a Triangle and Near Long Time Support. Good Rangebound Consolidation Happening at current Levels.


I will Recommend to Buy the Pair Near the Triangle Support and Keep Sl Below the Long Term Trendline Support... 

BUY USD/JPY @ 112.30 & 111.70 level / StopLoss 111 / TP 114.30 (Above 114.30 is a Breakout, TP can be Higher to 115.80 levels also) 

Trade with Proper Risk Management and Consider Max Loss at Stoploss Before Entering the Trade.