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USDJPY: Slides Beneath the Defined Stops.

 

USDJPY: Support Confluence Disappoints Range.

  On Thursday USDJPY tested the 110.35/30 important aid and since January 4 a upwards support line has been drawing from the lows. The Greenback carried its weakness on Thursday. If the pair decreases below 110.30, then 109.80 and 109.00 rest points can be further weakened, while 108.50 and 108.00 can limit decreases. Alternatively, 111.20 acts as the 111.45 and 111.85 trend line immediately resisting. If the 112.10 and 112.25 rally at all prices were past 111.85, they could become a bull’s favorite before they were turned to another resistance line at 113.00. Hit like, comment and follow for more updates. Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have […]


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