EuroMotif

USD.JPY looks headed to $107.8xx: UJ knife catching excercise?

FX:USDJPY   U.S. Dollar / Japanese Yen
Wow, FOMC really shook up the markets.
UJ has since been dropping hard and fast.
Near support is fib confluence around 107.80x.

If that breaks, I will need to re-evaluate much.
But a decent bounce there will provide clues.
My previous plot was a Top Call at $109.xx (click).



the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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.