{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/time-to-get-long-on-usdjpy-price-action-commentary-johnathon-fox\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/time-to-get-long-on-usdjpy-price-action-commentary-johnathon-fox\/","headline":"Time to Get Long on USDJPY | Price Action Commentary | Johnathon Fox","name":"Time to Get Long on USDJPY | Price Action Commentary | Johnathon Fox","description":"As we spoke about in this blog last week the USDJPY is in a very strong trend higher on both the daily and 4hr charts. We can see a series of higher low and higher highs. The best play in this market has been to look to trade with this trend from any retracements back […]","datePublished":"2013-01-29","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/01\/usdjpy.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/01\/usdjpy.png","height":"431","width":"575"},"url":"https:\/\/forexschoolonline.com\/time-to-get-long-on-usdjpy-price-action-commentary-johnathon-fox\/","about":["Price Action Charts in Focus"],"wordCount":146,"articleBody":"As we spoke about in this blog last week the USDJPY is in a very strong trend higher on both the daily and 4hr charts. We can see a series of higher low and higher highs. The best play in this market has been to look to trade with this trend from any retracements back lower.Price has now broken out through the recent high and has gone onto make a new higher high. Price is turning over and retracing back lower into the near term support level. An\u00a0opportunity\u00a0to get long could present if price moves into this support area of 90.25 and forms solid bullish price action.This support level is important to the market structure at this stage and if the support fails and price moves lower, we could see a fresh leg lower. USDJPY 4HR CHART – 29TH JAN 2013   "}