USDJPY short
USDJPY is in my view still in a bearish trend after hitting major resistance at 110.
Currently USDJPY is fighting the 200EMA & 55 EMA trendline at 108.93 with fibonacci resistance at 109. NFP will be published in 2 hours, which would see some profit taking and push this pair down even lower.
Target point will be 106.80
Currently USDJPY is fighting the 200EMA & 55 EMA trendline at 108.93 with fibonacci resistance at 109. NFP will be published in 2 hours, which would see some profit taking and push this pair down even lower.
Target point will be 106.80
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