fxdelisi
Short

Trade 13: UsdJpy Short Term Pull-back

FX:USDJPY   U.S. Dollar/Japanese Yen
44 0 1
Technical view shows the first possible pull back will be around 118 level. Big picture ( especially in montly chart ) has already fired to 130 when 105 level was broken.

Anyway, I guess price will see 118 this week then drop support around 113 which is %38,2 fibo retracement of 105,2 to 118.

Good luck!
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