FX:USDJPY   U.S. Dollar / Japanese Yen
Potential shorts on USD/JPY .

On the daily time frame we have seen significant resistance at 118.600 after multiple rejections and the bulls appear to have lost momentum. On the lower time frames we have had a 50% fib rejection which if a CTL breakout occurs i will be looking to go short.

First target set at -27% fib extension
Second target set at -61.8% fib extension which coincides with daily support.

For more trading related content head over to my instagram - link in my BIO

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out