Signal_Centre

USDJPY - Medium term focus is on lower levels

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY - Intraday - We look to Sell at 109.07 (stop at 109.32)

Broke the sequence of 2 negative daily performances. Selling posted in Asia. The rally is close to an exhaustion count on the intraday chart. The 50% Fibonacci retracement is located at 109.07 from 109.72 to 108.42. Previous resistance located at 109.07.
Our profit targets will be 108.24 and 108.00

Resistance: 108.99 / 109.07 / 109.30
Support: 108.42 / 108.24 / 108.00

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