USD/JPY profit target reached again, continue to buy - Forex247

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Tuesday, October 11, 2016

USD/JPY profit target reached again, continue to buy

Price has reached our profit target once again. We look to continue to buy above 103.35 support (Fibonacci retracement, wave structure) for a further push up to 104.95.

RSI (34) remains above a strong ascending support which keeps our bullish view.

analytics57fc79f0d160d.png

Buy above 103.35. Stop loss at 102.75. Take profit at 104.95.

The material has been provided by InstaForex Company - www.instaforex.com

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