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dlbsanborn
Nov 3, 2017 10:17 AM
USDJPY short confluence
Short
FX:USDJPY
1D
U.S. Dollar/Japanese Yen
FXCM
Description
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Nov 3, 2017 10:17 AM
Looking at the daily chart we can see price has been testing a downtrend line as well as a 61.8 fib. Additionally, there's decent resistance structure at these levels. See comments below for lower timeframe analysis.
Support and Resistance
Fibonacci
Trend Lines
Comments
Mom2995
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Nov 3, 2017 11:14 AM
NFP hope go to 112.000
dlbsanborn
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Nov 3, 2017 12:51 PM
@Mom2995
, Thanks for the comment. Personally, I don't have any targets. I just trade the technicals and take what the market gives me.
dlbsanborn
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Nov 3, 2017 10:20 AM
Price is currently testing a 4 hr minor trendline resistance, 78.6 fib, and previous 4hr chart resistance. 4hr chart
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