Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-Bigger picture traders should be looking to participate in the long term bull. The decline from the top can be characterized as a wedge. Support is at 101.63 and 101.26.
–USDJPY is nearing 102.85/93, a good level for a pullback. This level is defined by the 1/13 low, 1/30 and 1/31 highs.
LEVELS: 101.26 101.63 102.11 | 102.85 103.44 103.86
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.