USDJPY Trading Strategy
U.S. Dollar/Japanese Yen FX:USDJPY
USD JPY Trading Strategy based upon Trend
80 SMA -> Uptrend
480 SMA -> Uptrend
14 RSI -> Uptrend
Go Long when price touches the trend line
Stop Loss – 40 Pips below the trend line .
Profit Taking – Resistance line at 113.13