USDJPY Touching Structure -- Looking for Shorts on the Rejection

Short

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

OANDA:USDJPY U.S. Dollar / Japanese Yen

trendanalysis harmonicpatterns chartpattern forex forextrading forexanalysis forexforecast usdjpy

We are looking at testing the 108.65 zone as resistance. IF we reject the resistance wait for a push towards the 78% fib or the 88% fib on a retest and short there. You can also buy the trade towards the short entry as well on the confirmation.

Daily testing as support!

RR - 1:3.5

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