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Lambert: Buying USDJPY and here’s why

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October 16, 2015 Clive, clive lambert, clive lambert futurestechs, currencies, currency, currency market, currency markets, currency pair, currency pairs, currency trade, currency trading, dollar, foreign exchange, forex, forex buying, forex idea, forex market, forex markets, forex saxo bank, forex trade idea, forex trading, futurestechs, fx, fx forex, fx market, fx markets, fx strategy, fx trade, fx trade idea, fx trading, japanese, japanese yen, lambert, saxo, saxo bank, saxo bank currencies, saxo bank forex, saxo bank group, saxo bank saxo tv, saxo bank traders, saxo bank traders tale, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo bank tv, saxo capital markets, saxo traders, saxo trading, saxo tv, saxo tv saxo bank, saxo tv trades, saxo tv trading, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotv, trade, trade idea, trade ideas, trade view, trader, trader idea, traders, traders tale, traders tale clive lambert, traders tale saxo tv, trades, trading, trading currencies, trading floor, trading floor saxo tv, trading forex, trading fx, trading idea, trading platform, trading risks, trading strategy, trading tips, tradingfloor, tradingfloor saxo bank, tradingfloor saxo tv, tradingfloor trades, tradingfloor.com, tradingfloor.com insights, tradingfloor.com saxo tv, tradingfloor.com trade ideas, tradingfloorcom, us, us dollar, usd, usdjpy, yen
Earlier this week Clive Lambert was selling USDJPY and now he is looking to buy after a rally on Thursday.

According to Lambert, resistance is now at 119.30 and if that is broken, he will buy. His targets for this trade are 120.00 today and 120.70 into the early part of next week. The stop on this trade is below 188.95.

If you want to take a closer look at Lambert’s trade from earlier in the week, you will find it here:'USDJPY on the cusp of a drop?'