BUY USDJPY 110.33
SL: 110.03
TP1: 110.53
TP2: 110.73
TP3: 110.93
Signal Analysis by LCMS Traders
Currency Pair: USDJPY
BUY USDJPY 110.33
Timeframe: H1
Step 1 - Previous News: USD: FOMC Member Bostic highlighted he is supportive of QE tapering, JPY: -
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both flat
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: USD: -, JPY: -
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