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Fxprotrader
Nov 23, 2016 7:54 AM

USDJPY: Time For A Pullback Short

U.S. Dollar/Japanese YenFXCM

Description

Price has been in a rally in previous sessions and has now reached a slide parallel of an upslope median line where has bounced previously. We may see that we already have a rejection at current level and from now on, we should watch for any sell setup to complete to go short.
Comments
fxmoneycontrol
If it start falling,what leVels we can expect
Fxprotrader
@fxmoneycontrol, Well i personally go for tp based on structure.. It all depends on your strategy.. Another way is to draw fibonacci to this upmove and aim for 0.382 and 0.618 fib levels..
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