#USDJPY – Yens bouncing off KEY support, we are waiting to pull the trigger!

FXTT Instructor 09/09/2019 Uncategorised

1. USDJPY Monthly chart, bouncing off a confluence of support

2. All Yens bouncing off KEY support

3. USDJPY Daily Chart, Consecutive closes above 107.23 gives the green light for a reversion back to its mean, currently cited at 108.5 with 109 topside resistance as well.

4. Nikkei 225 looking to break above T-Line resistance, keep an eye on it as it is highly correlated with the USDJPY