I am going in USDJPY shorts at CMP , there was a solid break of the support zone at 106.950. After we got this break we could see price trying to retest this broken zone but got rejected and also we got a nice rejection at the 61.8% level on our fibs and we are now on our way down , personally I am looking to take profit at 105.100 but 103.350 is on the cards , my stoploss is set at 107.750.
Let me know what you think.
Let me know what you think.