1 Hr short on USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Oct 19, 2016 9:28 PM

Daily close on USDJPY suggest Bears are in control on price. 103.40 level was once support on 1H is now showing to be resistance. Used 4H time frame to select target. Makes for a 1:3.2 RR