USDJPY at or near a "Top" ? UJ short Idea
Follow up to my ongoing UJ analysis.
Picking a top is always risky, but lets try.
If not the "top" we could catch a "retrace".
Resistance above at the 112.2xx area - (look for rejection and retest)
Immediate support at 111.8-ish below - (look for break and retest)
Deepest support could be 111 round - (close shorts consider longs)
Previous Analysis:
Long Call 3 weeks ago:
Short into RE-entry Long
Picking a top is always risky, but lets try.
If not the "top" we could catch a "retrace".
Resistance above at the 112.2xx area - (look for rejection and retest)
Immediate support at 111.8-ish below - (look for break and retest)
Deepest support could be 111 round - (close shorts consider longs)
Previous Analysis:
Long Call 3 weeks ago:
Short into RE-entry Long
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