USDJPY retrace upside during it's strong downtrend. For this pair 110.20-110.30 is key. This is the horizontal resistance and fibo 61.8% level. I'm watching closely to forming price action sell signal on that level. My target will be near 108.10
Check my weekly chart analysis.
Check my weekly chart analysis.
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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.