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Kiavash
Jan 10, 2018 9:12 PM

Short term long UJ Long

U.S. Dollar/Japanese YenFXCM

Description

After such a big drop we need a correction before continuation of our down trend. Therefor I believe we gonna see that correction now.

I'll hold my position with a really tight SL for now.

First target is the S zone and 38.2 fib if we see a break I'll focus on our second target at 61.8 fib.

Trade closed manually

We saw a small correction around our resistance - trade was closed a little bit below the resistance.
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