A potential short trade Idea on UsdJpy.
-Daily sell off and retest back up to 110.000 area.
-Trend line break on 4 hour with some bearish divergence on RSI.
-Break and retest of the trend line should line up with Fibonacci key levels.
-If this happens price I could see price head back to 108.000 handle as first target.
-Daily sell off and retest back up to 110.000 area.
-Trend line break on 4 hour with some bearish divergence on RSI.
-Break and retest of the trend line should line up with Fibonacci key levels.
-If this happens price I could see price head back to 108.000 handle as first target.