RaynLim
Short

USDJPY-Weekly Market Analysis-May20,Wk4

FX:USDJPY   U.S. Dollar / Japanese Yen
During Wednesday Midweek Market Analysis, we did talk about this didn't we?

The double top was there at 107.54, I've shared that it has to touch 107.33 and wait for a rebound before I will be interested to short at 61.8%-78.6% rebound. See what happen to the market. Isn't that beautiful?

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Right now I'm waiting for it to retest the previous high for a shorting opportunity. The overall trend is still on a bullish setup.
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