USD/JPY, Fibonacci retracement
Updated
Hi guys !
USDJPY bounce as expected on his uptrend (check my previous analysis). Now, it looks good to reach previous higher price.
This is a Fibonacci retracement . As you can see, MA100 (blue) and 50% line are the new support. Strong support. So now, we need to check if the next retracement (38,2%) will reach or not.
In this chart, Fibonacci line are the targets.
Thanks for your time guys !
USDJPY bounce as expected on his uptrend (check my previous analysis). Now, it looks good to reach previous higher price.
This is a Fibonacci retracement . As you can see, MA100 (blue) and 50% line are the new support. Strong support. So now, we need to check if the next retracement (38,2%) will reach or not.
In this chart, Fibonacci line are the targets.
Thanks for your time guys !
Note
Fighting at 0.382 Fibonacci retracementTrade active
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