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Analysis of #USDJPY
Price broke and close above its 200 MA, Massive shift in trading sentiment and Risk-On is kicking in.
I believe this is too much, but do mind me, just care about the chart, we have potential came into a resistance, also FIB 61.8.
If I get reversal pattern on the lower time frame I will sell this one for a retest f the 200MA
âš Please note the ideas is valid only if it happened as I said above
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Check today analysis below
Stay safe everyone
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only