USDJPY
Long: entry @109.80,
exit @110.10, stop loss @109.60.
EURUSD
Long: entry @1.2320,
exit @1.2350, stop loss @1.2290.
Chart of the day: USDJPY
As we can see, there is a down trend channel formed in the last 4
days.
We expect the change of trend with a target at the 50%
retracement in the next 12 trading hours.
We are looking to hold
the bullish position for an 110.30 exit.
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