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USDJPY (Daily): is at the 61.8% ret. of the previous swing low.

Oleh orvilleawright
USDJPY (Daily): is at the 61.8% retracement of the previous swing low. Price has broken the upper trend line of the down channel. The resistance zone was previously tested On Sept 2 and higher prices were rejected. Price is trading above the 20 and 50 SMA. I am looking for a move (at least) back to the moving averages and possible to the lows of the bull channel.
dailychartorvillewrightprice-actionstructure-tradesupportSupport and ResistanceUSDJPY
orvilleawright
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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