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AbrahamWinnetou
Mar 12, 2017 2:56 AM

USD/JPY 

U.S. Dollar/Japanese YenFXCM

Description

Looking for opportunity to long from 38.2% (near 114.500 psychological line) zone to 61.8%.
We have a nice bounce from 115.500 (psychological line).
TDI crossed down and below base line let's see how RSI behaves near 50 level.

Comment

Looks like a W pattern with wicks to that support around 114.500( psychological line). RSI bounced from volatility band and went through 50 level. Let's see it go to 115.950 (61.8% fibb)
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