USD/JPY is trading near major support 115.50 and any break below will take the pair to 113.84/111.50 (61.8% retracement of 105.18 and 121.83). The pair's major resistance is around 117.25 and indicative break above would extend gain to 117.95/118.40. Indicators(1 Hour chart) CCI(50)- Sell CCI(14)- Sell Ichimoku-Sell Recommendation: Sell USD/JPY around 116.55-65,SL 117.26,Target 115.55/113.86
Comments
HarryPotter
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we got stop loss or we going down ?
FxWirePro
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It is looking weak and trend reversal only above 118