We went long USD/JPY on Sept 22 on the dip down to 111.70. Now that USD/JPY is testing recent highs, we want to move forward the stop loss to lock in some gains. We will use the October 19 low as the current risk level and move the stop loss to 112.25.
Read Full Story at source (may require registration)
Latest posts by JPY Editor (see all)
- USD/JPY With Major Buy Signal - July 16, 2018
- USD/JPY retreats to 112.20 area as Wall Street turns red - July 16, 2018
- USD/JPY Review: Surrenders early gains; US retail sales eyed for fresh impetus - July 16, 2018