orvilleawright
Short

USDJPY (Daily): is at the 61.8% ret. of the previous swing low.

FX:USDJPY   U.S. Dollar/Japanese Yen
USDJPY             (Daily): is at the 61.8% retracement of the previous swing low. Price has broken the upper trend line of the down channel . The resistance zone was previously tested On Sept 2 and higher prices were rejected. Price is trading above the 20 and 50 SMA . I am looking for a move (at least) back to the moving averages and possible to the lows of the bull channel .
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