USD/JPY currency pair as since been witnessing a upward trend as the dollar is appreciating over the Yen, looking at the support and resistance from the above graph we can see thaat the market is easily predictable, use the below data to trade on the pair.
Indicator Sell
Entry Spot-124.794
Exit Spot-124.256
Stop Loss-123/947
News- Dollar mixed vs. rivals with nonfarm payrolls on tap
Yen weaker after leading indicator index, euro down on Greece
Japan stocks lower at close of trade; Nikkei 225 down 0.13%
