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AnthoXBT
Oct 30, 2018 12:25 PM

USD/JPY, Fibonacci retracement Long

U.S. Dollar/Japanese YenFXCM

Description

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 !

Comment

Fighting at 0.382 Fibonacci retracement

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