nelsyboy

USD/JPY FIB IDEA

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Price is now starting to re-trace the initial move down that started on 8th June. It is a BUY to the FIB 76.4% according to the strength of the upward move past the 23% FIB. That's not to say it won't retest the bottom first but the overall direction will be UP.
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