USD/JPY 7 Vs 24 Hour Trades

Do we need the BOJ. Nope

Today 7 hour

USD/JPY

Long Short Line 143.07

Most Important 142.44 and 142.97 Vs 143.16, 143.25, 143.34, 143.43, 143.61, 143.70, 143.79

Bottom 142.35 achieves by 142.53 and 142.71

Upper Target 143.79

Continuation Fail 143.43 

24 Hour

Slight off on the topside but this is most profitable for shorts as USD/JPY exceeded 142.74. Normally USD/JPY works like clockwork

USD/JPY

Long above 142.04 to target 142.74. Levels: 142.17, 142.31, 142.44, 142.58, 142.71, 142.85

Short 142.74 to target 142.58

Short below 142.04 to target 141.33. Levels: 141.91, 141.78, 141.64, 141.51, 141.37

Long 141.33 to target 141.50

Target to Target: 142.74 and 141.33

Brian Twomey

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