JimMakos
Short

Shorting USDJPY on 4h Resistance

FX:USDJPY   U.S. Dollar/Japanese Yen
455 2 11
Support has become resistance in mid-January. Let's see if it holds. Looking to scale out and take first profit at 117.
Great support-resistance overview!
I really believe, if we start to fall from here, there is no need to scale out (with BOJ, ECB and Davos). Actually we should fall far under 116 before weekend, if the stock market stay weak
+1 Reply
Cityfox
2 years ago
Very nice 118.87 is fib R1 on weekly, good luck
+1 Reply
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