chongyinliang
Short

USDJPY: GOLDEN OPPORTUNITY

FX:USDJPY   U.S. Dollar / Japanese Yen
Decided to let out this GOLDEN ANALYSIS for you guys out there... Daily candle rejection of resistance area around 107.318 which also coincides with 38.2 fib level.

MUCH MORE DOWNSIDE TO COME..
Comment: Perfect rejection of H4 resistance zone. Confirmed bias is bearish with a strong bearish candle too. Confirmation is needed now with a close of momentum bearish candle.
I'm guessing she'll find a little support around 103.3ish at least for a bounce
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@dsalehi, We might see rejection of trendline to support areas drawn where we might see some bounce up. Lots more downside to come for yen pairs I reckon.
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It's got one last bounce before a big dump tomorrow in my opinion. In for tonight's bounce
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it hit 101
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chongyinliang thdehddns
@thdehddns, Sorry, I don't understand you
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thdehddns chongyinliang
@chongyinliang, mean it will be down 101
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chongyinliang thdehddns
@thdehddns, Certainly a possibility with the previous swing low at that area.
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