U.S. Dollar / Japanese YenUpdated USD/JPY short @111.5
There is a nice pivotal area from 111.5 to 111.75 supported by a Fibonacci line @38.2%. There is a resistance line at 111.45, so the area selected makes it a perfect trap.
Trade closed manually
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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.