BUY USDJPY 110.60
SL: 110.30
TP1: 110.80
TP2: 111.00
TP3: 111.20
Signal Analysis
Currency Pair: USDJPY
BUY USDJPY 110.60
Timeframe: H1
Step 1 - Previous News: USD: -, JPY: Unemployment Rate slight increase, Retail Sales increase at a slower pace
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Bouncing Off Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast up, slow touch to up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: USD: FOMC Member Barkin Speaks 2100hrs, Consumer Confidence 2200hrs, JPY: -
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