USD/JPY - D - Long/Call - E 30 Apr 20:00 - T 108.650

For the middle-long term we expect the dollar to continue gaining strength against the yen. This process started at March 23. Since this day till now the USD/JPY rate formed an ascending triangle pattern. For the coming week we don't see obstacles that will withhold the rate to continue developing within the boundaries of this pattern, and see the rate hit a target of 108.650 per the end of this month.

Asset: USD/JPY
Time interval: 1 Day
Position: Long/Call
Expiry: 30 Apr 20:00 (GMT+2)
Target rate: 108.650

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Tradebinaireopties.