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NJONGO_1
Aug 31, 2018 10:25 AM

USDJPY ON H1 TIME FRAME  Short

U.S. Dollar/Japanese YenFXCM

Description

Good Afternoon.

this is to update you on the USDJPY on route to 110.400. this morning price was rejected at 111.210 and closed with a evening star before an increase in volatility resulted in a huge drop from 111.050 down to 110.700.

we are now looking at a retracement from 110.691 and could reverse around 110.800 before going down to 110.400 as predicted.
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