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U.S. Dollar / Japanese Yen

USDJPY At 50% Fibonacci Retracement Level From Its Top.

By Fx_Trader_ViSa
USDJPY has 50% retraced from its previous top according to Fibonacci retracement as it suggests we might see a continuation of further downtrend in USDJPY according to Fibonacci retracement level. one can trade on the downside for a shorter-term from the current level with the risk management system.

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Chart PatternsFibonacci RetracementjpylongtradeshorttradeTechnical AnalysisTrend AnalysisUSDUSDJPYusdjpyanalysis
Fx_Trader_ViSa

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