USDJPY - Medium term focus is on lower levels
USDJPY - Intraday - We look to Sell at 109.07 (stop at 109.32)
Broke the sequence of 2 negative daily performances. Selling posted in Asia. The rally is close to an exhaustion count on the intraday chart. The 50% Fibonacci retracement is located at 109.07 from 109.72 to 108.42. Previous resistance located at 109.07.
Our profit targets will be 108.24 and 108.00
Resistance: 108.99 / 109.07 / 109.30
Support: 108.42 / 108.24 / 108.00
Broke the sequence of 2 negative daily performances. Selling posted in Asia. The rally is close to an exhaustion count on the intraday chart. The 50% Fibonacci retracement is located at 109.07 from 109.72 to 108.42. Previous resistance located at 109.07.
Our profit targets will be 108.24 and 108.00
Resistance: 108.99 / 109.07 / 109.30
Support: 108.42 / 108.24 / 108.00
Live Youtube - www.youtube.com/@SignalCentre/streams