mert.kucukengin

USDJPY New Lower High?

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Continues its downtrend. USD weakness supported parrity to make its lower high sooner. Showed us some resistance this morning as expected and continues its way down with sellers' power on. might see fibbo -27% around 109.50 band which is also a Major Support for buyers. Expecting that point level by level. 110 band minor support might be a good point to get profits on USDJPY short positions.
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