RuairidhFX

USDJPY 10th May 2020

Long
FOREXCOM:USDJPY   Dollaro / Yen giapponese
Hello Traders

What do you see in USDJPY?

Here what I can see is a possible break to the upside.
On the weekly chart, using fibonacci I seen that on the most recent pulse the pair is now rejecting the 0.5 retracement area and moving up again.
I expect to see it retrace again to the support area before making a break to the upside.

Happy trading

Roo :)

Please remember I am a hobby trader, this is not financial advice and any losses or gains are your own!
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