rauan

USDJPY retraces from 122.20

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has broken flat range to the downside and rebounded during Asian session back to 122.25. Retracement from 122.25 indicates sell continuation targeting 121.20 and 120.30.
Trade active: USDJPY has confirmed further decline, watch out 121.40 intraday support for potential rebound.
Trade closed: target reached: Trade closed due 120.30 test.

Comments

Hi Rauan nice chart - I will probably lose this trade but I am hoping my pivot high holds and price tests 122.46https://www.
+1 Reply
rauan Bella29
Hi Bella, it's doable to test up to 122.58 before going below 121.30. Good luck!
Reply
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