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USDJPY Forex Pair Analysis
Time Frame : 1 Hour Chart
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Watch for Buy Entry Setup
USDJPY had a strong run up overnight as the YEN was bought up as a safe haven. If we see further downside in the share markets then expect to see another leg higher in the USDJPY. Watching for the 107.30 zone to hold and price to consolidate around the MAs which will bring in buyers. From there it is all about the Buy Entry Setup off a minor higher low.
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Currency Pair : USDJPY
Current Price : 107.365
Status : On watch for a price to hold 107.300 and a Buy Entry Setup
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