expertradersfx
Short

USDJPY 5 March 2015

FX:USDJPY   U.S. Dollar/Japanese Yen
As we can see the retracement for USDJPY             a bit high. Now testing resistant, and possibly will break the resistance to test the higher key at 120.045+- before clearly make a free fall to first intraday TP at 119.345

After reaching 119.345 there will be 2 option. A bit of retracement or break and fall down to 118.750 to the lowest key support level.

At now, we need to determine clearly the level to sell to evade high negative float. Wait for candlestick and price action before proceeding to short.

My previous analysis for USDJPY             is for the swing trader, they can swing more down there.. See you down there!

USDJPY             , SHORT, CONFIRM!
wwfm
2 years ago
yes , it will try to climb up to 120 level and if NFP - bad , this pair will fall to 118 or even lower
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expertradersfx wwfm
2 years ago
Yes wwfm. Check out my previous analysis for this pair :
USDJPY next target 4/5 March 2015


Thanks for your idea :-)
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