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ugeo211
Jan 22, 2016 11:47 AM

Short USDJPY Topping out  Short

U.S. Dollar/Japanese YenFXCM

Description

Solid run by this pair today , looks overextended but still being propped up by oil , there are some levels around 118.20-118.70 that should hold & a short back down looks good . Could poke higher and mess up some stops

Target 1 - 117.80
Target 2 - 117.50

Trade closed manually

Took some profit on Fridays dip . the rest was stopped out .
Oil still supporting the rise . Its due for a leg down sooner rather than later IMO
Comments
ugeo211
theres the leg down
ugeo211
Textbook, target 1 just about reached
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