USDJPY currently at cross roads,
Update: Price reached 1st Target of 113.84 (Bounced beautifully it did)
Both sides of this move, a trader must not be afraid to trade. For now we have moved into a strong battle.
Couple different possible targets.
113.37-.46 on the underside
And 114.35 on the upper side
Price will eventually retrace to 113.37-.46 before or after hitting 114.35
114.35 is the full 200% move from last week if or when price reaches this, short short and short some more.
forexfactory.com/showthread.php?p=11532889
Both sides of this move, a trader must not be afraid to trade. For now we have moved into a strong battle.
Couple different possible targets.
113.37-.46 on the underside
And 114.35 on the upper side
Price will eventually retrace to 113.37-.46 before or after hitting 114.35
114.35 is the full 200% move from last week if or when price reaches this, short short and short some more.
forexfactory.com/showthread.php?p=11532889
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