Expect downtrend continuation in USDJPY daily chart Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Sep 14, 2017 3:05 AM

Sold USDJPY at 110.50 with a 30 pip stop loss and target profit of 240 pips.

110.50 looks like a strong resistance level.

Stochastic crossover on 1h chart confirms bearish price action.

Support and Resistance