USDJPY Ranging Market idea

13 ก.ค. 2016

From the downside comes a support at 0.382 retracement and psychological barrier of 104.00, from the upside a high from 2 days ago and a 4 hour 200 bar Moving Average. Trade between these post take profit somewhere in the middle. Whenever you see a break on hourly chart that breaks above these floor and ceiling it should be a start or a new bearish/bullish move.