USD/JPY fast approaching Key Resistance at 97.50

FX:USDJPY   U.S. Dollar / Japanese Yen
246 0 0
With 161.8% Fibonacci Extension and previous support level at 97.50 fast approaching, yesterday's rally on the pair could be limited around the region.

As such potential to short the pullback is a potential trade today.

Entry around 97.50-97.60 with stops slightly above 98.00 round handle.
Target around 96.50 which was the recent congestion area. (Target is subject to change once a rejection at 97.50 has been confirmed)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out