Plamen

Resistance hit on the 0.886 Fibs

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Drew my fibs and I noticed that it hit the 0.886 levels and bounced off. Also those levels are by the resistance line which is in red. This indicates a stronger reason on why it will be shorting.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.