FUNTRADER-Vera

0206 USDJPY new chance to long, still target fibo 1.27 position

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hello traders,

Last idea on USDJPY that we found a support to long only make a lower high than expected.
Price turn down to new low on 4h chart.
But the trend is still bull trend, and the plan is still looking for a new chance to long again.

Now on 4h chart and 1h chart, there is a very clear support zone that could be a chance to open long again.
But you need to wait for a confriming signal before moving to next step.
Fibo 1.27 ext positiion is still the target.

GOOD LUCK!!!
LESS IS MORE!

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