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SimpleMillennialAverage

USDJPY Possible Daily 50MA Rejection and the Handle formation

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
SimpleMillennialAverage Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
USD yen dollar jpy trump kuroda yellen ratehike QE infinity
10
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usd yen dollar jpy trump kuroda yellen ratehike qe infinity
USDJPY looks like it got rejected by the daily 50MA courtesy of Janet Yellen. As long as the bearish momentum continues, its possible that we may retest the daily low once more completing the handle before NFP/FOMC.

Entry: 114.241
SL: 114.5
TP: (tp1) 113.5 (tp2) 112.7 (tp3) 111.6

Any feedbacks are appreciated!
Trade closed manually:
Closed remaining shorts on profit due to possible reversal

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