USDJPY - Crystal clear trading signal

16 Eki 2018

USDJPY is in the uptrend for more than a half year, and now it's showing a trading signal on the continuation of that trend. The market made a fair correction from 114.347 resistance and now it got to a strong support, where we can expect a bullish reaction. Strong support and trendline are what stopped the correction on USDJPY. Divergence is what's supporting this idea of USDJPY to continue upwards. Potential move upwards is at least to 112.855, but there is a high probability that the market is going to retest last high 114.549.