My Technical USDJPY setup into FOMC:
•I'm banking on an initial bullish reaction into the 117.800 old resistance area, and then a sell-off to the bottom of the range (~116.500).
•If it just drops, then maybe I can catch the break and retest of 117.300 current intraday support.
•I'm banking on an initial bullish reaction into the 117.800 old resistance area, and then a sell-off to the bottom of the range (~116.500).
•If it just drops, then maybe I can catch the break and retest of 117.300 current intraday support.
Trade active:
By way of Sell Limit.
Trade closed: target reached:
Accuracy was on point. Good Short.