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

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Wednesday, October 5, 2016

USD/JPY profit target reached, continue to buy

Price has made a push up and reached our profit target from yesterday. We look to continue to buy above 102.45 support for a further push up to 103.60.

RSI (34) has made a bullish exit from which signalled our bullish view on USD/JPY very well.

Buy above 102.45. Stop loss at 101.85. Take profit at 103.60.

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