USDJPY pair fall after negative fundamental data, currently the pair traded into support zone area with 50% retracement fibo with supporting 200 MA on daily candle , on other side the Bank of Japan is simply not in a position to join the recent hawkish shift in the tone of developed markets central banks.Expecting another rally coming soon towards 115/50/116. we don't like selling here .
BUY USDJPY.
@112.00/111.80
target: 113.20/114.00
Stop loss: 111.50
gud luck !
#forextuitions
BUY USDJPY.
@112.00/111.80
target: 113.20/114.00
Stop loss: 111.50
gud luck !
#forextuitions
Trade active
Note
As expected as runningTrade closed: stop reached
Stop loss hit with 30 pips loss
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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.