Dolar A.S. / Yen Jepun
Panjang

USDJPY Moves in fits and starts

The USDJPY looks to be finally breaking out of its range. I wrote about my trade preferences here: dailyfx.com/forex/analyst_picks/todays_picks/david_rodriguez/2015/05/27/forex-trading-US-Dollar-versus-Japanese-Yen.html . Put simply, when the USDJPY goes it really goes. Given the overall uptrend I think it's reasonable to expect a test of 125.70 at which point we might trail our stops and look for further gains.

Penafian