With a 61.8 fib retracement falling in the same zone as previous S/R, and a continued bearish outlook on this pair I will be looking to short the USDJPY down to the 101.500 level firstly with a view to reaching the 100.00 level.
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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.