USDJPY

USDJPY is on the way to be above the kumo on daily chart. If we finish the day above 94.65 it s a sign to be long usdjpy

The current downtrend bounced the 13 February week with the announce of GDP, since that time even if the stocks are going lower JPY is falling. The support line is helding and protecting the current uptrend move.

We are in a huge range where there is a huge double bottom.

If 94.60 is breaking and we close about it, the target will be 102.17 which is

94.65 - 87.13 = 7.52

94.65 + 7.52= 102.17

Be long on a close above 94.65 for 100 fisrt and 102.17 SL 91.70

Be short @91.50 target 87.13 and 85.00 SL 94.65