08 August 2017 at 7:25 GMT
Ian Coleman - First 4 Trading
Ian Coleman of First4Trading.net explains in a technical analysis of charts why he is trading USDJPY.
Coleman is aiming to buy USDJPY at 110.40 and 110.15. His stop is at 109.75 and his targets are at 112.10 and 114.30.
Coleman explains the background to a selected trade every Tuesday on Trading Floor.