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DanengXiong
Jul 31, 2016 11:04 PM

USDJPY Short Opportunity Short

U.S. Dollar/Japanese YenFXCM

Description

Short for USDJPY coming up... depends if it will climb back up to the 38.2 fib retracement.
If it does... it will hit a weekly chart resistance as well. You will also have a day chart resistance right above
that to put your stop. I set my alarm and will be shorting if this scenario plays out.
Comments
ruselforex
Before fall it will go at least 105.00
DanengXiong
We'll see.. I actually think if it breaks 103.124, the most it will go is to the 50% retracement at 103.812 which also happens to be resistance on day chart.
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