Chart of The Day $USDJPY 4-10-2017

On the USDJPY daily chart, we can see that the pair has bounced from the 110.120 support again and the break above 111.670 will open the door for the upside continuation into the upper 114 wedge line. Only the daily close below 110 would lead us to 200 SMA 108.620 retest.

USDJPY trend following strategy

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