T_Thatcher

USDJPY Short

Short
T_Thatcher Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Simple trend analysis. Watch for bounces around the 61.8 and the 78.6 Fibonacci Levels. Take profit on the chart is optimistic, however I am still expecting this pair to drop.

For more information, please visit rileyedwardsfx.com.

Happy trading!
Comment:
Fed announced a rate hike so USD may see a small strengthen. Increased volatility in the US Dollar. Hold the trade.
Comment:
Stop loss is hit due to FED's announcement this morning.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.