UsdJpy- consolidating above resistance

2020-01-16 11:26:48

On Monday, UsdJpy has broken and closed the day above resistance, finishing the day at 110.
The pair is consolidating now.
We believe the break is genuine and we could see the pair testing the 112 important resistance soon.

Strategy:
Buy dips above 109.60
SL @ 109.20
Target 112.00