Trade of the Day – USDJPY – Limited upside with the ‘gap’ open
![](https://www.orbex.com/blog/wp-content/uploads/2019/05/USDJPY-1-750x430.png)
USDJPY – Intraday – We look to Sell at 111.07 (stop at 111.43)
We have a Gap open at 111.07 from 03/05 to 06/05. We have a Gap open at 111.07 from 03/05 to 06/05. Bespoke resistance is located at 111.07. Preferred trade is to sell into rallies.
Our profit targets will be 109.75 and 109.50
Resistance: 111.07 / 111.23 / 111.50
Support: 110.28 / 109.75 / 109.50