USDJPY: Trading Plan

The USDJPY is trading near a long term resistance level around 90.49:

USDJPY
USDJPY

If the USDJPY breaks the short term resistance level: 90.79, It will trigger a bullish market condition and  I will start to look for long opportunities.

If the USDJPY breaks the short term support level: 90.00, it will trigger a bearish market condition and I’ll look for short opportunities.

If it keeps trading in between the short term range I will do nothing.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/


Raul Lopez

I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .