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USDJPY Long Above 110.70

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
What get you out get you in, Price moved lower below our long stop of 111.38, we had a buy point of 111.45 that was not filled.Today, break above 110.70 should give us a nice move towards 111.75 area.
Entry: 110.70
Stop: 110.45
The possibility of more downside remains below 110.52, but the bigger picture is still strongly in favour of highs.
As its the end of the week, we will take what it gives.
Trade active:
Ongoing....
Comment:
50 Pips and counting...
Comment:
Price finally broke higher. Above 111.40 we should expect more highs towards 111.75 and 112.50 later on.
Trade closed manually:
We are closing the USDJPY Long Position.
Total profit taken in this trade is 75 Pips.
Trade closed: target reached

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