Objective Forex: Tuesday USDJPY Play

Tuesday, June 30, 2015

Tuesday USDJPY Play

Despite the big swings in the markets we have a moderately safe play for tuesday.

We've detected very strong resistance at the 122 levels on USDJPY and if it holds this should be an extremely safe buy and may continue to be profitable for a few days. 

Although looking slightly down with this strong support a retrace up towards 123 or 124 should be imminent. 


(click to enlarge)

In addition our SLTD stock pick is positive today and should mark the beginning of a long and steady climb.

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