Zenifix
Short

USD/JPY fast approaching Key Resistance at 97.50

FX:USDJPY   U.S. Dollar/Japanese Yen
173 1 1
With 161.8% Fibonacci Extension and previous support level at 97.50 fast approaching, yesterday's rally on the pair could be limited around the region.

As such potential to short the pullback is a potential trade today.

Entry around 97.50-97.60 with stops slightly above 98.00 round handle.
Target around 96.50 which was the recent congestion area. (Target is subject to change once a rejection at 97.50 has been confirmed)
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