This is just my analysis on USDJPY. ***Note that this is just an idea and trade at your own risk*** ***I'm a newbies***
Note
- The messy thingy is fibonacci extension i use to mark my take profit / reversal :p
Note
Though it is still in the sell zone, it does not look very convincing. It fail to continue making new lower low after rejecting in the sell zone yesterday. If the pair continue to make a new higher high instead of a lower low (break above sell zone) might advice to stay away for a while.
Note
It rejected at last Fibo. Sorry for the inaccurate idea.
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