USDJPY May stop rising at 114.32

Nov 6, 2017

USDJPY May stop rising at 114.32

Today USDJPY rally up to 114.69 after
BOJ's statement .

Price hit into strong supply zone and formed a pin.
and 114.32 is the long term 0.618 level which is acting as
resistance.
Therefore, we wan't short USDJPY
and aim 113 and 111.65 for two targets

Nov 21, 2017

Note

Now is 112.55
+200 pips

Nov 21, 2017

Note

After Hitting First Target
we can close half of the position
and running for TP2

Nov 23, 2017

Trade closed: target reached

Price hit 111.10
Both Target Hit
can take 90% of the profit