Hi guys !
USDJPY bounce as expected on his uptrend (check my previous analysis). Now, it looks good to reach previous higher price.
This is a Fibonacci retracement . As you can see, MA100 (blue) and 50% line are the new support. Strong support. So now, we need to check if the next retracement (38,2%) will reach or not.
In this chart, Fibonacci line are the targets.
Thanks for your time guys !
USDJPY bounce as expected on his uptrend (check my previous analysis). Now, it looks good to reach previous higher price.
This is a Fibonacci retracement . As you can see, MA100 (blue) and 50% line are the new support. Strong support. So now, we need to check if the next retracement (38,2%) will reach or not.
In this chart, Fibonacci line are the targets.
Thanks for your time guys !
Note
Fighting at 0.382 Fibonacci retracementTrade active
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Related publications
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.