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OneGood_Trade
Apr 25, 2016 3:22 AM

USDJPY daily outlook Long

U.S. Dollar/Japanese YenFXCM

Description

Strong resistance in 114.00
Daily still downtrend, with runing price now in 60% of fibo retracement.
The price is above 45 degree which means the buyer is still strong. Carefully with open short sell (H4, H1), except for swingtraders (using daily top, SL above 114.00)

Watch the bottom break in H4 (fix top H4) to entry market and open sell.
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