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USDJPY LONG SETUP RR 1:4.5

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Dollar A.S. / Yen Jepang (OANDA:USDJPY)  
Forex48_TradingAcademy  
OANDA:USDJPY   Dollar A.S. / Yen Jepang
Trend Analysis Technical Indicators Fundamental Analysis setup signals service USDJPY education strategy priceaction LONG
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trendanalysis indicator fundamental setup signals service usdjpy education strategy priceaction long
On USDJPY, I anticipate a retracement towards the 1.3450 area where we have a significant demand zone that has already resulted in a successful trade last week, and where the market has formed a bullish setup before pushing higher. Therefore, I will enter around 1.3450 with a target at 1.4050.
Pay attention to the vote on the US default.

Let me know what you think.

Happy trading to everyone.
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