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TheForexSquad
Apr 16, 2018 12:17 AM

USD/JPY Mid Term short postion Short

U.S. Dollar/Japanese YenFXCM

Description

Supply Zone has not been tested since february. A Break below the current zone would result in a possible retest of Zone 1 107.135. If this zone is broken as well we will take profits and expect a possible retest of Zone #2 at 106.864 or a retest of Zone #1, hopefully Zone #3 get a retest at approximately 106.687 and buyers may take control from there.

Trade closed: target reached

Zone 1 reached and were headed to Zone 2
Comments
TheForexSquad
Looking good for us!!!
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