USDJPY Closing of the 1day MA50 is what matters
So far the 1day MA50 has been supporting the USDJPY, exactly on Fibonacci 0.5 and as long as it closes above it, you can buy short-term rebounds within Fibonacci 0.5 and Fibonacci 0.236.
Short a candle close under the 1day MA50 and Target 129.800 (Support A).
Further short a crossing under Fibonacci 0.786 and Target 127.250 (Support B).
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Short a candle close under the 1day MA50 and Target 129.800 (Support A).
Further short a crossing under Fibonacci 0.786 and Target 127.250 (Support B).
Follow us, like the idea and leave a comment below!!
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