{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/usdjpy-long-trading-price-action-commentary-johnathon-fox\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/usdjpy-long-trading-price-action-commentary-johnathon-fox\/","headline":"USDJPY long Trade Opportunity | Price Action Commentary | Johnathon Fox","name":"USDJPY long Trade Opportunity | Price Action Commentary | Johnathon Fox","description":"The recent concentration on the USDJPY is going to continue for today as we look at where price has moved since our recent posts. In the latest posts we discussed the new higher highs and higher lows that this pair was making. This was making us inclined to look for long trades and price presented […]","datePublished":"2013-01-31","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\/uss.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/01\/uss.png","height":"347","width":"574"},"url":"https:\/\/forexschoolonline.com\/usdjpy-long-trading-price-action-commentary-johnathon-fox\/","about":["Price Action Charts in Focus"],"wordCount":169,"articleBody":"The recent concentration on the USDJPY is going to continue for today as we look at where price has moved since our recent posts. In the latest posts we discussed the new higher highs and higher lows that this pair was making. This was making us inclined to look for long trades and price presented us with a chance to get long from the area that was highlighted. To read the previous post: USDJPY Time To look For longsThe chart below is the 1hr chart of the USDJPY. This chart shows a Pin Bar reversal that formed at the support area we highlighted in the previous post to look for long trades.From this Pin bar price moved higher and is now testing the near term resistance level of 91.25 which is also the recent swing high. Price has been in a very strong up-trend and if this level gives way, another large move higher could be on the cards. USDJPY 1HR CHART – 31 JAN 2013    "}