USDJPY hit an important support level at 108.80 and we have seen instant bounce of 200 pips from this level which indicate lot of buying interest at this level. There is plenty of upside room, as the next major resistance level is around 112.20. As such I would be looking for any retracement in lower time frame such as H1 or M30 to enter long trade on this pair.

Übersetzen in Englische Sprache Zeige Original