U.S. Dollar / Japanese Yen
Short
Updated

USDJPY May stop rising at 114.32

USDJPY May stop rising at 114.32

Today USDJPY rally up to 114.69 after
BOJ's statement .

Price hit into strong supply zone and formed a pin.
and 114.32 is the long term 0.618 level which is acting as
resistance.
Therefore, we wan't short USDJPY
and aim 113 and 111.65 for two targets
Note
Now is 112.55
+200 pips
Note
snapshot
After Hitting First Target
we can close half of the position
and running for TP2
Trade closed: target reached
Price hit 111.10
Both Target Hit
can take 90% of the profit

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