U.S. Dollar / Japanese YenUpdated Potential Shorting Opportunity
Looking for a retest of the broken 111.000 zone to take short continuation trades down the the next zone around 110.500
Entry reasons: rejection of the broken zone and pin bars at the 61.8% Fibonacci retracement.
Extended targets at 110.200, the -27.0 Fibonacci extension and previous low.
Entry reasons: rejection of the broken zone and pin bars at the 61.8% Fibonacci retracement.
Extended targets at 110.200, the -27.0 Fibonacci extension and previous low.
Trade closed: target reached
Target 1 reachedTrade closed: target reached
Target 2 reached
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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.