USDJPY rejected nicely by 61.8 FIB level

27 Kas 2017

Have been looking for a good opportunity to open a short position on USDJPY. We've bounced off the 61.8 FIB level nicely, and also where we met our trend line. We've also closed below the 8 EMA.

I have 3 bearish confirmations for USDJPY, so I will be short until target 1.

Good luck trading, trust yourself, and your analysis.

To everyone's success!