Market watch $USDJPY 3/02/2017

 Every week a new trading opportunity! When you see a setup and you need support we are here! Never miss a good trade.

On our market watch, today is USDJPY. The pair is breaking the falling wedge and 34 SMA 113.400 level indicating the greater probability of uptrend continuation targeting 119-120 zone.

The possible trading strategy is going long at the market with SL below 113.400 level.

Happy trading! (click on the chart to enlarge it)

usdjpy trend following strategy

 

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