Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
–USDJPY is threatening triangle resistance. A break opens up a test of 104.78 although new multiyear highs would eventually be expected.
-Recently broken resistance from 102.30 to 102.80 is now support if the market is thrust back into the range.
LEVELS: 101.63 102.30 102.80| 103.40 103.75 104.78
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.