USDJPY: support at 107.55/45 should be key to direction

Jason Sen DayTradeIdeas.co.uk

USDJPY support at 107.55/45 should be key to direction. Holding here targets 108.10/20 & 108.35/45 for profit taking on longs.
Longs at 107.55/45 need stops below 107.20. A break lower targets 106.90, perhaps as far as 106.65/60 with minor support at 106.50/45.

EURJPY beat resistance at 118.40/50 for a buy signal targeting 118.95, 119.15/20 & 119.60 before strong resistance at 119.75/85 for profit taking on longs.
Try longs at 118.60/50 with stops below 118.30.

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Jason Sen

DayTradeIdeas.co.uk

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