QuileHills

USDJPY Buy Stop If Support Holds

Long
QuileHills Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
5
I had previously noted USDJPY's approach to this fib support correlating with RSI approaching oversold on both the 1H and 4H charts.

Since that is now the case I'll be watching for the pair to accept this support and head back to the trend resistance.
Comment:
This pair may be at the point of invalidation for this particular trade set up.

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