USDJPY pair fall after negative fundamental data, currently the pair traded into support zone area with 50% retracement fibo with supporting 200 MA on daily candle , on other side the Bank of Japan is simply not in a position to join the recent hawkish shift in the tone of developed markets central banks.Expecting another rally coming soon towards 115/50/116. we don't like selling here .
BUY USDJPY.
@112.00/111.80
target: 113.20/114.00
Stop loss: 111.50
gud luck !
#forextuitions
BUY USDJPY.
@112.00/111.80
target: 113.20/114.00
Stop loss: 111.50
gud luck !
#forextuitions
Trade active
Comment:
As expected as running
Trade closed: stop reached:
Stop loss hit with 30 pips loss