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dlbsanborn
Nov 3, 2017 10:17 AM

USDJPY short confluence Short

U.S. Dollar/Japanese YenFXCM

Description

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.
Comments
Mom2995
NFP hope go to 112.000
dlbsanborn
@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
Price is currently testing a 4 hr minor trendline resistance, 78.6 fib, and previous 4hr chart resistance. 4hr chart
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