U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - PPI Trade 13/06/2024

214
At 22:30pm (Syd, Australia time, PPI release) price will sweep the most recent London Low (Green Line), into the US bank zone (highlighted yellow and circled.)

Price will then target the 3 red lines above.
Note
In the end, had a Deeper grab to next US bank zone, which was rejected.

Ultimately, ended up profiting heavily from the initial sell into PSL, as couldnt close for first 2 mins.

Got on buys straight after, currently closed half and SL on BE till the 3 red lines taken

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