(As USDJPY reached a new low before closing above 111,05, the previous idea was cancelled and this new idea is publiched.) USDJPY seems to start of iii of 3. A close above previous 11,05 (swing high and also the 61,8% fibo rertacement level after the 78,6% level tested before) will support this idea. Buy if H1 close above 111,05 with SL at the latest low...
USDJPY seems to start of iii of 3. A close above previous swing high (also the 61,8% fibo rertacement level after the 78,6% level tested before) will support this idea. So buy if H1 close above 111,05 with SL 109,84 and TP above 114.