USDJPY SHORT
We have a double top in play. We can expect price to eventually correct after having a nice rally sicne May 24th. Targets 2 and 3 are Fibonacci levels of the 61 and 88 levels. Targets 1 and 4 are fib extension levels. Wait for price confirmation before establishing any short positions.
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.