USD/JPY:The trend goes down
So, as we can see USD/JPY did not break through the 61.8% of Fibonacci.
This could signalize that the direction will be going down.
Also important thing is that currency is below 20-MA on H4 chart.
The main target points 109.17-108.70.
This could signalize that the direction will be going down.
Also important thing is that currency is below 20-MA on H4 chart.
The main target points 109.17-108.70.
Related publications
Disclaimer
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.