USDJPY LONG setup
USDJPY succesfully tested resistance at Fibonacci level around 106.38.
RSI and Stoch RSI are both near oversold area.
Recent signals by Stoch RSI have proved to be good entry points.
DXY has been gaining strength: this could be a good short-term LONG opportunity.
Enter: 10X @ 106.9
SL below Fibonacci support @ 105.94 (-0.9%, which is consistent with current ATR value)
Target below Fibonacci resistance @ 108.52 (+1.5%)
RSI and Stoch RSI are both near oversold area.
Recent signals by Stoch RSI have proved to be good entry points.
DXY has been gaining strength: this could be a good short-term LONG opportunity.
Enter: 10X @ 106.9
SL below Fibonacci support @ 105.94 (-0.9%, which is consistent with current ATR value)
Target below Fibonacci resistance @ 108.52 (+1.5%)
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